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AMP NZ Wealth saw $1.1b in outflows after losing default KiwiSaver status

AMP lost its position as a default KiwiSaver provider last May.

The New Zealand wealth management arm of trans-Tasman financial services company AMP saw net cash outflows of $1.1 billion last year, including $700 million lost after losing its status as a default KiwiSaver provider.

AMP, which delisted from the NZX earlier this month, today reported a net

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Hamish McNicol Thu, 10 Feb 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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AMP NZ Wealth saw $1.1b in outflows after losing default KiwiSaver status
General Business,
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