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Clayton Utz statement regarding its engagement by AMP Board
Clayton Utz Chief Executive Partner Rob Cutler issued this statement on Sunday 22 April 2018:
"Clayton Utz rejects any suggestion that the independence of its investigation and report findings to the AMP Board into AMP’s Advice business was in any way compromised. The terms of engagement stipulated that the investigation was to be undertaken independent of management of the Advice business being reviewed and under the instruction of the AMP Board and its General Counsel. Clayton Utz notes that AMP may be addressing the Commission further and it would be inappropriate for us to make any further comment at this time."
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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.