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AMP to pay $100m to settle BOLR class action

AMP will pay $100 million to settle the long-running Buyer of Last Resort (BOLR) class action - an amount double what it initially provisioned.

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Read more: BOLRBuyer of Last ResortAlexis GeorgeAMP Financial PlanningFinancial StandardMatt LawlerNeil MacdonaldTAAThe Advisers Association