Amp has already achieved significant cost savings in the advice division. They turfed out half the people befor the end of last year. Cost savings in future will be offset by revenue loss.
Lawler, the head of advice at amp, has failed again. He failed at Yellow Brick road a decade ago and continued to fail after that. His mate Hartley brought him into amp so he could fail again. I doubt the new owners will want him given his history before amp. I cannot believe that amp advisers have much time for him.
AMP sure can pick ‘em.
Ann: AMP partnership to create a sustainable model for Advice, page-6
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