AMP, newish chair Debra Hazelton told shareholders last Friday, is better than it was before, having made “significant progress” across a number of important areas. Including in the transformation of the challenging advice business which it has “embarked on”.
But, we have to wonder how far from shore on that AMP really is. Also last Friday, at about the time shareholders were peppering AMP’s board with questions, the financial conglomerate abruptly jettisoned advice transformation director Jill Hopkins.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
