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Sales agents' new role
MELBOURNE: Sales agents of the
AMP Society are trying to determine their
new role with the Sydney-based institution
after its recent alliance with Westpac
Banking Corp.
The president of the AMP Agents' Asso
ciation, John Rudajs, said the association,
representing about 90 per cent of AMP's
estimated 3500 agents, is holding discus
sions with the institution about the possi
ble effects of the alliance on the agents'
businesses.
AMP and Westpac last week announced
they would trade some assets and establish
a joint venture company to market and
distribute their life insurance products.
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