Hi qqqq, Thankyou for taking the time to respond. I claim no more certainty than we’ve had previously on the link between AMP & Intiger. My intent is not to mislead, but to purely bring attention to the possibility of the link & address it as a topic for discussion if nothing more.
I believe the article does however bring substance & confirmation in the industrys recognition of the need for change & justification of IAMs potential. It hints at steps being made by what I understand is the nations largest FPA network (AMPs) attempt to cut costs & investigate ways to tap in to the potential of the 80% of Australians who till now do not use financial advisors.
Some further info for your weekend research if you have not already discovered it…
From video interview regarding iPac’s transition to AMP Advice … Paul Clitheroe of Ipac states – (At approx. 1min 30 in) …
“…reducing the time the advisors spending at the backoffice & spending more time with the client”
http://link.brightcove.com/services/player/bcpid4629809335001?bckey=AQ~~,AAABemsyuGE~,-CWRJWOIWtXacoSuuWrfWnCjSoT83KRu&bctid=5112279954001
From another article 5/10/16
http://www.moneymanagement.com.au/news/financial-planning/amp-launches-new-advice-business
“…There were currently 11 AMP Advice practices located around Australia, with a further 20 to 30 expected to be operational before the end of the year. This would equate to around 160 advisers operating under AMP Advice.
AMP's salaried employed advice business, ipac is moving to the AMP Advice model, with five locations now operating under the business, and the rest poised to transition in due course. The other six practices were from Charter and AMP Financial Planning.
AMP's network of advisers had the choice to transition to AMP Advice if they wished, Caprioli said.”
And from another article 6/10/16
https://www.adviservoice.com.au/2016/10/amp-launches-new-advice-business/
Quote from Mr Caprioli of AMP “
We are continuing to invest in technology and systems which will benefit all our advisers, allowing them to spend more time with more customers.”
Certainly nothing concrete, but interesting none the less.
Did any of our resident advisors happen to visit Canberra this week for the AFA 2016 National Adviser Conference ? Particularly as AMP was exhibiting, I thought there might be some discussion regarding the AMP Advice changes & perhaps even whispers of Intiger & its cost saving potential amongst industry types at the conference ?
