AMP to pay $100m to settle BOLR class actionBY JAMIE WILLIAMSON | THURSDAY, 23 NOV 2023 12:52PM 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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This is not the outcome the advisers would have wished for. This is not what the ruling was deemed to have been.