News

AMP repricing units to deal with tax bill

Thursday 11th of August 2016

General manager of insurance and investments Therese Singleton said AMP had covered the tax owed by investors since the fund launched in 1996. It has $502 million under management.

"The importance of this to investors is that they are better off, both because of the increased account balances as well as the benefit of compound interest on those balances over many years," she said.

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