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AMP to face off against ASIC over penalty for charging dead customers
Financial Services 2022-08-17 12:49 pm By Cat Fredenburgh

AMP has admitted ASIC’s allegations that it acted unconscionably in charging life insurance premiums and advice fees to deceased customers, but the wealth manager will go head to head with the regulator over how much it should pay for its contraventions.

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AMP denies acting unconscionably by charging dead customers for life insurance
Financial Services 2022-05-10 9:50 pm By Cindy Cameronne

AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate regulator alleging it continued to charge advice fees and life insurance premiums to customers who had died. 

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Flying Eureka Flag at construction sites banned under building code, court finds
Employment 2022-03-11 9:24 pm By Miklos Bolza

A court has found that flying flags associated with the Eureka Rebellion or displaying material bearing union mottos and indicia at construction sites contravenes the Building Code.

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AMP to face penalty in ASIC’s fees-for-no-service case
Financial Services 2022-03-10 3:59 pm By Sam Matthews

AMP has admitted to contraventions and will face a penalty in ASIC proceedings over fees-for-no-service conduct that allegedly led to upwards of $600,000 being unlawfully withdrawn from superannuation member accounts.

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Rex boss threatened cadets in letter urging ‘fierce loyalty’, appeals court says
Employment 2021-12-17 10:13 pm By Bianca Hrovat

Australia’s leading regional airline faces further litigation after an appeals court found it sent a threatening letter to prospective cadet pilots, urging them to stay in cheap, “inappropriate accommodation” in order to demonstrate their commitment to the company.

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice fees for life insurance after they died.

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Childcare worker sacked for refusing flu shot not unfairly dismissed, FWC says
Employment 2021-04-21 7:22 pm By Miklos Bolza

The Fair Work Commission has found a childcare worker’s dismissal from a Goodstart Early Learning centre for refusing to take a mandatory influenza vaccine was not harsh, unjust or unreasonable.

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