If there was a person at the pointy end of what the Royal Commission has done to advisers, then Neil Macdonald the CEO of the AMP Financial Planning Association is that person. In today’s episode, Clayton talks to Neil about how AMP arrived at their decision to cut the valuations of businesses across the AMP license, and about how the AMPFPA is now organising the class action suit to fight this decision in court. An important one for all financial services participants to listen to as we learn what advisers are doing to push back.
Episode resources:
Neil Macdonald’s Linkedin: https://www.linkedin.com/in/neilgmacdonald/
AMPFPA website: https://ampfpacommunity.force.com/
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