Major AMP shareholders slams board for ‘fire sale’ of life insurance arm

Major AMP shareholders have slammed the company’s board over a $3.3 billion “fire sale”. The financial services giant has moved to sell its life insurance business. Some shareholders are furious with the decision and are threatening to call an extraordinary general meeting to stop the deal. Hamish Carlisle from Merlon Capital Partners, a major investor … Continue reading Major AMP shareholders slams board for ‘fire sale’ of life insurance arm