News: AMP AMP Says John Fraser Commences As Non-Executive Director, page-7

Agree AMP's heritage products were profitable, for AMP built itself with many of those products now regarded as heritage items.

Many heritage products were basic bread and butter, they remain, regular steady earners.

Many phased out not for losses incurred, rather they not flexible to manipulations which boosted management incomes and bonuses, which many regard as at unwarranted rates.

Various heritage products marketed to many who do not consider long-term investments nor think about superannuation, here AMP bundled these with their Life Insurance, together providing regardless of cycle-stages longer term steady returns, under-written loans, to those retaining them.

Self happily, successfully promoted to employees, and others until they ceased being available.



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