Super fund holders launch because of the professional Reporting Team’s Loretta Florance and social affairs correspondent Norman Hermant

Super fund holders launch because of the professional Reporting Team’s Loretta Florance and social affairs correspondent Norman Hermant

Updated Might 30, 2019 09:42:43

Scandal-plagued wide range management company AMP faces another course action, this time around from the customers, that are hoping to claw right right back vast sums of bucks lost after their funds that are super presumably eroded by charges.

Tips:

  • Maurice Blackburn claims 2.5 million AMP superannuation records have now been charged a lot of in management charges
  • Attorneys think the damages against AMP might be “very, very significant”
  • The company that is financial already being struck by having a shareholder course action

Law practice Maurice Blackburn stated the latest lawsuit will be according to revelations during the banking royal commission that AMP regularly charged more in administration costs than they need to have. Read More