I understand the FPA gets cash from AMP and the two are very much intertwined, but I'm just wondering how much of this submission is based on AMP's desire to go digital and get rid of AMP advisers. It seems like the FPA is just again taking instructions by a group that pays them a lot of money.
Overall this is quite disgusting. The FPA is getting money via the professional partner program, a guaranteed source of membership and at the same time AMP is saying Robo advice is the future and good bye AMP planners and this submission is put in. Cha ching FPA, whilst Australians, AMP planners, planners in general are all being shafted.
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