After careful consideration, AMP has decided to retire as the Future Lifestyle Plan (FLP) manager and appoint Lifetime Asset Management Limited (Lifetime) as the new manager. The change of manager has been approved by The New Zealand Guardian Trust Company Limited, who is the Supervisor, and was completed on 30 September 2023.

Lifetime is restructuring the FLP investment portfolio to reflect a high conviction, actively managed, multi-manager approach consistent with the management of all Lifetime products.