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AMP opts for a fee for service model
Monday 11th of October 2010
Managing director Jack Regan says that from the July 1 next year commissions will be removed from its investments products sold through the AMP advisory network.
The change isn't directly for funds sold through independent financial advisers, nor are there any plans to remove commissions on life insurance products.
Regan says AMP could have moved to this position earlier but it wa...
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