AMP profits nosedive, new board director announcedBY KANIKA SOOD | WEDNESDAY, 8 AUG 2018 12:44PM
AMP profit stumbled 74% in the first half of the year as the wealth manager took a $290 million hit from advice remediation following the financial services Royal Commission.
Read more: Royal Commission, Australia, Treasury Secretary John Fraser, AMP Chairman David Murray, AMP Bank, AMP Limited, Australian Treasury, UBS Global Asset Management
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