AMP 3.95% $1.19 amp limited

so AMP have reduced their fee by about 18%, and therefore...

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    so AMP have reduced their fee by about 18%, and therefore probably their profit by about 30% on what was one of their most profitable bits of business.

    It is a move that makes good sense in terms of protecting the business from being taken over. But I do not see how it is a show of strength. It a loss of profits that will a sale less attractive.
 
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