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Article: Adviser numbers a boon.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Leng Yeow
Nov 09, 2009 (The Australian Financial Review - ABIX via COMTEX) -- A large distribution network of financial planners will be created by the merger of AMP and Axa Asia Pacific. The combined group will have about 4,000 financial planners, many more than its rivals. AMP's sales and fund inflows were affected by an enforceable undertaking by the corporate regulator in July 2006. Axa has been expanding its distribution through acquisitions since 2006.
Publication Date: 10 November 2009
AMP LIMITED - ASX AMP
AXA ASIA PACIFIC HOLDINGS LIMITED - ASX AXA
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ASX ANZ
ING AUSTRALIA ...