Allegations of AMP Ltd charging “unjustifiably” high fees for an extended period of time had surfaced in 2018. On Thursday, Australian wealth manager AMP Ltd stated it would defend itself against a new class-action lawsuit filed on behalf of pension… Read More ›
wealth manager
Australia’s largest listed wealth manager staring at class action lawsuit
Its Chairwoman and legal counsel have resigned with immediate effect. Analysts expect more heads to roll in the coming weeks. On Monday, following damaging revelation of inappropriate behavior at AMP, Australia’s largest-listed wealth manager, Catherine Brenner, its chairwoman and Brian… Read More ›