AMP advisers to fight BOLR changesBY JAMIE WILLIAMSON | MONDAY, 12 AUG 2019 12:23PMThe AMP Financial Planners Association will contest changes to AMP's Buyer of Last Resort terms flagged last week, saying the group has failed to meet contractual obligations to advisers. Related News |
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David Sharpe
CHAIRMAN
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FINANCIAL ADVICE ASSOCIATION AUSTRALIA
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Wow, AMP demonstrates a lack of concern for their customers and clients and now demonstrates a complete disregard to the advisers that helped build the business. What happened to contract law and the requirement to act in good faith? The only truth is that it pays to be powerful and wealthy, because those at the top of the chain will always be able to put their interests before others.