Yes the banks and AMP will try to sell via 'general advice' but it remains uncertain as to whether or not there will be changes around this.
An issue with general advice is people rolling their super over without detailed consideration of benefits lost such as insurances they may not be able to re-establish due to health issues... Hence the use of an adviser (assuming the adviser does a good job...).
AMP Price at posting:
$3.77 Sentiment: Sell Disclosure: Held
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