Slide 1: Integration Presentation (ASX announcement cover note)
For personal use only 2 May 2012 Manager Manager ASX Market Announcements Market Information Services Section Australian Securities Exchange New Zealand Stock Exchange Level 4, 20 Bridge Street Level 2, NZX Centre, 11 Cable Street Sydney NSW 2000 Wellington New Zealand Announcement No: 13/2012 AMP L
Slide 2: Driving value through integration: building the new AMP
For personal use only Driving value through integration: building the new AMP 2 May 2012 Paul Sainsbury Integration Director
Slide 3: The new AMP – stronger competitive position
The new AMP – stronger competitive position For personal use only Merger delivering Increased scale and enhanced cost efficiency on strategic - Integration setting up organisation for higher level of efficiency rationale to build more competitive Leading market share positions company with stronger
Slide 4: Integration – execution grounded in three objectives
Integration – execution grounded in three objectives For personal use only Clear focus on 1. Maintain business momentum to deliver for customers and advisers managing risks – Low-disturb approach integral part of – Pace aligned to business capacity integration objectives – Rigorous KPI monitoring 2.
Slide 5: Integration program established – well into program execution
Integration program established – well into program execution For personal use only 100% Team dedicated to integration Projects completed minimises risks 75% Business and ensures as usual business leaders Transition focus on running 50% zone business Delivery 25% zone Current status Initiation 1 2 3
Slide 6: Business momentum – key achievements
Business momentum – key achievements For personal use only Demonstrated Planner/adviser retention high commitment to - 96% of value of network in AXA and Charter Financial Planning retained post merger driving business momentum while Survey shows planners and advisers positive1 executing - Business
Slide 7: Delivering synergies and drawing on competitive strengths – key achievements
Delivering synergies and drawing on competitive strengths – key achievements For personal use only Synergies emerging Upgraded synergy target of A$140m post tax faster than anticipated - Increase in full year run rate synergies of A$55m post tax (up from $30m) achieved by end of 2011 - Reflects earl
Slide 8: Build stronger growth platform – key achievements
Build stronger growth platform – key achievements For personal use only Additional benefits New revenue synergies to be realised will be realised as - AMP Bank term deposits on North and Summit attracted more than $314m since launch1 products/platforms are rolled out to - North becoming available to
Slide 9: New AMP Financial Services operating model to drive higher level of efficiency, revenue and service
New AMP Financial Services operating model to drive higher level of efficiency, revenue and service For personal use only Macquarie conference | Page 8
Slide 10: Integration end state – AMP by 2014
Integration end state – AMP by 2014 For personal use only Ambition to create Australia and New Zealand’s leading wealth management company a competitive financial services - Fully integrated, functional business alternative for Australians and - Largest, most efficient, most qualified, multi-branded