The article below explains it well:
https://www.ifa.com.au/news/17630-amp-advisers-hamstrung-by-exit-hurdles
Nevertheless, advisers are already leaving in droves according to the Bell Potter research. The upcoming education requirements will mean many will just sell up and leave the industry all together (meaning the restriction on not advising elsewhere is irrelevant).
AMP current state of play, page-4
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