AMP to fight back against shareholders in two class actions

AMP to fight back against shareholders in two class actions

Updated May 10, 2018 08:58:23 Photo: AMP is sued in two class actions as it prepares to face angry investors at its annual general meeting. (Supplied) AMP has been sued by disgruntled shareholders in two separate class actions, arising out of damaging revelations which surfaced at the banking royal commission. …

ASIC takes years to ban advisers guilty of misconduct and unlikely to launch civil or criminal actions

ASIC takes years to ban advisers guilty of misconduct and unlikely to launch civil or criminal actions

Updated April 27, 2018 12:08:20 Related Story: Banking royal commission grills financial planners, exposes Westpac lending standards Related Story: Financial advice firm impersonated client, royal commission hears ASIC has conceded it can take years to ban an adviser guilty of misconduct, and relies on negotiation with financial planning licensees to …

AMP facing threat of several shareholder class actions for misleading ASIC over ‘fee for no service’ scandal

AMP facing threat of several shareholder class actions for misleading ASIC over ‘fee for no service’ scandal

Updated April 23, 2018 19:20:12 Video: AMP says ‘it’s not acceptable’ that clients not yet told they received inappropriate advice. (ABC News) Related Story: AMP chair has ‘serious questions to answer’ amid royal commission Related Story: ‘It’s not acceptable’: AMP apologises for compensation delays Wealth management giant AMP could face …