A number of buyers interested in AMP
Chief executive Blair Vernon said the intention was to sell it as a complete business.
An update on the sale process is expected at or before it reports its first half results in six months time.
The company says in its full year results to December 31, that the "divestment process is underway with a mandate to maximise shareholder value. AMP is in discussions with a number of interested parties and expects to provide a further update at or before 1H 20 results."
Vernon said the past year has been focussed on separating out the life business which has been sold to Resolution Life and also bringing onshore IT functions.
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