AMP Investment Bonds

Hi Paul,
I currently have investment bonds for my grandchildren with AMP. Given the news around AMP and it’s future, what is your view on the AMP Investment Bonds future ?.

Should I redeem and pay any tax or continue holding them?

Hear that Platinum is introducing the Investment Bond product – what is your view on this product?

I wish to add to investments for my grandkids, do you have any suggestions/recommendations?

 

A: You don’need to worry about the AMP Investmenmt Bond

They are issued by a regulated life insurance company, AMP Life, which is owned by the Resolution Life Group.

The AMP you are thinking off has no day to day involvement in the management of AMP Life products

I wouldn’t take any action


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