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Investment
3 mins to read

AMP to float NZ wealth management business, sell insurance operations

AMP expects to reap $A3.45 billion before New Zealand float proceeds.

Jenny Ruth
 Thu, 25 Oct 2018

AMP is planning to float its New Zealand wealth management and advice business next year.

The transtasman life insurance giant is also planning to sell both its Australian and New Zealand wealth protection and mature businesses to British-based Resolution Life Group for $A3.3 billion.

AMP

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Jenny Ruth
 Thu, 25 Oct 2018
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AMP to float NZ wealth management business, sell insurance operations
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