6 Nov 2018

Impact of AMP's life insurance exit

From Nine To Noon, 9:08 am on 6 November 2018
AMP is an Australian financial services company. This is its office in Melbourne.

Photo: 123rf

AMP's managing director Blair Vernon on all the changes ahead, including selling on AMP's life insurance business in NZ and plans to spin out its New Zealand wealth management arm, through an initial public offering.

The moves affect hundreds of thousands of New Zealanders who have policies or investments with the AMP brand, which has being doing business here for over 160 years.