Don't believe I've seen on the threads as yet, so apologies if I've missed it, but stumbled across this article from professional planner re AMP's new business model only online yesterday.
from the article...
"AMP today officially launches its long-awaited AMP Advice business, after a long development period during which the financial services giant substantially re-engineered its advice process and technology infrastructure.
AMP Advice currently has 11 operating practices around the country, and aims to have as many as 30 by the end of the year
as ipac Securities practices transition to the new model, and as other AMP-aligned practices voluntarily make the move. The ipac brand will eventually disappear as the new advice business expands."
full article...
http://www.professionalplanner.com....e-amps-new-goals-based-advice-business-49786/
FYI - from
https://www.amp.com.au/advice-careers/our-advice-network/ipac
ipac is one of Australia’s largest specialist financial advisory firms with more than 200 staff, offices along the east coast of Australia and a network of partner firms throughout the country. It is also a wholly owned subsidiary of the AMP group.
But despite our strong growth, our guiding principle remains the same: helping people lead better lives.
- 129 advisers and 15 practices
- 44 certified financial planners (CFP®)
Interested in everyones thoughts re the ipac link & from what the article states with ipac securities brand being I guess 'merged / dissolved ?' & the likelihood of IAMs involvement. Cheers
