Last chance for cheapies?, page-11

At AMP, just like all companies, they may lose there way from time to time, there is no argument here! The best people and companies, will always review, and address issues and act accordingly. This for me is being done now....again, only time will tell. Interestingly, many of us buy shares with the future in mind, not the past.

What has really has impressed me, is that AMP has moved first, and swiftly in contrast to their industry peers. AMP has recognised changes are required. AMP is only a part of the Australian banking sector...  We may look back and say, WOW! AMP got out just in time- what a strategic move, they received top dollar! They are ahead of their time. When the other banks attempt to clean up their deadwood, maybe the markets won't be so forgiving and/or they maybe too late. AMP is attempting to clean their dirty laundry, they are preparing for the new world in Financial Planning and Finances. For mine, I am happy with all this change, and feel that AMP are now, leaner and better placed, and can remove themselves from the 'dinosaur' and 'legacy' tags of the past. IMO.

Over at RES, we have been disappointed that our board has not moved as quickly with decision making as we would like. So, we formed the 'People's Board', voted in by the people. Today, I would like to put forward the 'peoples board' for AMP. Without question, we have our first position;

1. Share Recruitment Officer (SRO) - I would like to put forward BarnArse or HAC30 for this position. They have most definitely done much for the cause and a worthy executive member. 

Also, BarnArse, I would like to know how you came to the conclusion that AMP's SMSF businesses are failing (some facts), or is this your opinion? 

If so, what division of AMP-AMP SMSF Solutions, Ascend, Cavendish, Justsuper, Multiport, SuperIQ, SuperMate, or yourSMSF? Also, given the outcome of the royal commission, do you not think this fee for service model inside the SMSF industry, is moving ahead of their time given the move of regular Australians away from retail and industry super? I know AMP have left their counterparts behind in this regard, and it is transparent fee for service - the new Financial Planning world required by the RC.