Business
AMP scraps adviser buy-out plan in wealth model revamp – The Australian Financial Review
AMP has thrown in the towel on what was once a key plank of its financial advice structure and will hand ownership of clients…
Under the new model, AMP will also cease its unique practice of owning the client relationship, agreeing to release institutional ownership of clients from AMP Financial Planning to advisers.
This means advisers in AMPs largest dealer group will for the…
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