
Insurance
Sale of AMP Life an absolute travesty

Friday 3rd of July 2020
Policyholder Andrew Body’s petition was heard on Wednesday, asking for the House to urgently review the Insurance (Prudential Supervision) Act (IPSA) to ensure that policyholders are treated fairly when a life insurer is sold.
The sale of AMP Life to Resolution Life was finalised on Wednesday.
Body told the committee that he had no choice but to participate in the transact...
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