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Showing 1 - 3 of 3 results for "Buyer of Last Resort Valuations"

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... filed in July against AMP by its own advisers in relation to the institutions decision to slash Buyer of Last Resort valuations. AMP is also in the midst of a portfolio review, with a takeover bid from Ares Management valuing the company at $1.85 per ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... advisers also filed their own class action against the company last week over its decision to slash Buyer of Last Resort Valuations. AMP was already facing class actions in relation to superannuation and alleged fees for no service from Maurice Blackburn ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to a maximum of 2.5x ...
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