Thanks Transversal, you have given me something to think about.
Does anybody know if this statement about AMP in today's Fin Review has any implications for IFL's business model and profit outlook?:
"But the advice business is heading for serious trouble now that ASIC has told the Hayne inquiry it wants to outlaw all grandfathered commission payments, which comprise the majority of revenue paid to AMP's financial planners."
Thanks Transversal, you have given me something to think about....
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$3.13 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67575 | $3.13 |
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