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ASIC drops criminal probe into AMP over fees for no service conduct
Financial Services 2021-07-16 2:24 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its criminal investigation of AMP over its fees-for-no-service conduct which was aired during the banking royal commission. […]

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AMP launches bid to declass excessive insurance class action
Class Actions 2021-06-18 12:03 pm By Miklos Bolza

AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine […]

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AMP faces unconscionable conduct action for charging dead customers
Financial Services 2021-05-27 8:59 am By Christine Caulfield

The corporate regulator is taking five AMP entities to court alleging they acted unconscionably by continuing to charge life insurance premiums and advice fees to […]

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Boral class action decision forces litigation funders to retool
Analysis 2021-04-29 3:11 pm By Miklos Bolza

As the no win, no fee model comes out on top in another high profile class action beauty contest, legal experts say third-party litigation funders […]

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High Court soon to decide issue of competing class actions
Expert Insights 2021-02-04 8:48 pm By Editor

In Wigmans v AMP the High Court will shortly deliver judgment on the vexed issue of class actions that compete to represent substantially the same […]

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Law firms agree to consolidate AMP insurance class actions
Class Actions 2020-12-22 1:18 pm By Cat Fredenburgh

Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings. […]

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AMP settles contentious $2.7M legal battle with former GC
Employment 2020-10-07 3:35 pm By Cat Fredenburgh

AMP has settled legal proceedings brought by a former general counsel who claims she was sacked from the wealth management firm after raising concerns about […]

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AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
Financial Services 2020-12-22 4:12 pm By Spencer Fowler Steen

A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is […]

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AMP to tell advisers exiting BOLR program about class action
Class Actions 2020-12-04 12:47 pm By Cat Fredenburgh

The parties in a class action against AMP over changes to its buyer of last resort policy have agreed to a communications protocol making settlement […]

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Class action beauty parade takes centre stage at High Court
Class Actions 2020-11-09 10:56 pm By Christine Caulfield

The eyes of class action lawyers will be on the High Court Tuesday as it hears arguments over a judge’s power to choose a single […]

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