Most Recent
‘Not something we could ever agree to’: Applicant fights soft class closure in AMP case
Class Actions 2024-02-16 3:26 pm By Sam Matthews

The applicant in a class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has flagged its opposition to soft class […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

ASIC bans ex-AMP adviser who claims he was forced to sell business under BOLR for $6.1M
Financial Services 2023-12-13 2:36 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a former AMP authorised representative who is suing the wealth manager for allegedly terminating him without proper […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP to pay $100M to settle BOLR class action
Class Actions 2023-11-23 1:58 pm By Cat Fredenburgh

AMP has agreed to pay $100 million to settle a class action by financial advisers over its buyer of last resort policy, after suffering a […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP accused of unconscionable conduct by financial advisor
Financial Services 2023-11-13 11:55 pm By Cat Fredenburgh

AMP has been taken to court by a former licenced financial advisor who alleges he was terminated without proper and sufficient cause and forced to […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

Group members to get $84M from AMP class action settlement
Class Actions 2023-10-06 11:29 pm By Cat Fredenburgh

Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

Judge ‘had enough’ with delays in four-year-old AMP class action
Class Actions 2023-10-05 1:14 pm By Sam Matthews

The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP appeals financial advisers’ win in BOLR class action
Appeals 2023-09-27 11:06 pm By Christine Caulfield

AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP to pay $110M to settle shareholder class action
Class Actions 2023-08-21 11:30 am By Cindy Cameronne

A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million.  The […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.

AMP sets aside $50M for BOLR class action as it mulls appeal
Class Actions 2023-08-10 11:56 pm By Christine Caulfield

AMP has set aside $50 million in its financial statement for the first half of 2023 to cover potential liability in a class action won […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Contact us to enquire about group subscriptions.