AMP has announced it will be offering free financial advice to people who have experienced severe loss as a result of the recent bushfires affecting Australia.
The pro bono service, which includes general and personal advice, is available to both clients and members of the general public who have had a major financial or personal loss from the bushfires, AMP said in a statement.
AMP said it has also put together a disaster relief package for its clients impacted by the bushfires, including:
Further, the AMP Foundation revealed it is offering financial assistance to all involved rural fire brigades where employees and advisers volunteer.
AMP Australia chief executive Alex Wade said the initiative will help individuals and families on their road to recovery.
“We have advisers in local communities across many of the impacted areas who would like to help people get back on their feet,” Mr Wade said.
“AMP has a long history of supporting Australians through tough times and we’ll help those affected by this disaster however we can.”
The standards authority has defended its decision to not allow a wider definitio...
Regulatory changes in the Australian advice market has echoed those of the UK an...
Perpetual's Australian asset management business took a slight hit through the D...