Is AMP too big to buy? Does Macquarie have any reason to be interested? Split good bits off, offload poor/underperforming. Is this a cheap way to access customers, who, should they purchase would immediately stop withdrawing funds. again, total speculation.
A lot of challenges around how it will make money long term. Don't expect a significant div to be paid this year, personnally expect to see it drop below $2 (my personal view, don't make investment decisions based on that).
Total dog with a long, long track-record of eroding shareholder wealth. Much better alternatives out there to my mind