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Hot Topic Hawke’s Bay
General Business
3 mins to read

New boss defers AMP NZ wealth management business IPO

AMP reported a enormous drop in profit due to repaying customers for bad advice.

Gill South Thu, 14 Feb 2019

AMP has delayed its New Zealand wealth management and advice business IPO until the wealth protection and mature businesses are separated from the AMP group.

In October last year, AMP announced plans to sell its Australian and New Zealand wealth protection and other mature businesses to the

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Gill South Thu, 14 Feb 2019
Contact the Writer: gill@nbr.co.nz
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Tags
AMP Australian royal commission report New Zealand wealth management IPO
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