AMP in Court said they couldn’t afford a BOLR run, why is that? Did they not accrue for their legal contractual obligations? After all they sold the registers to advisers for 4 x and would onsell any BOLR repurchases after. Even if that was at a lower rate due to grandfathering, I believe giving the required 13 months notice would have been cheaper than the extraordinary amount of money they have spent on legal fees. This has also further damaged AMP’s already poor reputation in the industry and with the public. They are showing their colours in Court that’s for sure.