AMP isn't alone here. There are many AFSL holders that make promises to advisers and never deliver them. It's a sad reflection of the profession, despite the ongoing professional development that's been undertaken by advisers themselves. Instead of regulating advisers more, they should focus on improving AFSL holder behaviour. This ruling by the caught should be a wake up call for everyone who runs an AFSL. Treat your advisers as business partners if you want to get anywhere.