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AMP loses BOLR changes class action

The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules.

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Read more: BOLRAMP Financial PlanningAMPFPFederal CourtBuyer of Last ResortEquity Financial PlannersWealthstoneAdvisers AssociationCommonwealth Director of Public ProsecutionFrancesco De FerrariJustice MoshinskyNeil MacdonaldSmall Business Ombudsman