AMP Advisers are facing immediate legal and practical issues and risks from the purported changes to BOLR. They need action, and should take action now. Dan Mackay’s article in Money Management InFocus explains why and what to do.
Safety may not lie in numbers for AMP Limited advisers confronted by Buyer of Last Resort (BOLR) issues because their individual issues are often very different – Dan Mackay, Director Mackay Lawyers & Advisors.
Dan Mackay’s article from Money Management 8 October 2019. AMP Advisers shouldn’t take what AMP might say about BOLR at face value. It’s not that simple. AMP just wants it to be.