Business
How an industry fund has piled in on an AMP class action – Money Management
News summary.
Major industry superannuation fund, HESTA has confirmed that it is party to class actions against AMP Limited, the Commonwealth Bank and against Westpac.
The big health industry superannuation fund has revealed a list of 21 class actions in which it is participating, with the AMP action being prosecuted by Maurice Blackburn and involving allegations that AMP Trustees and AMP Group contravened a number of statutory and/or general law obligations which resulted in AMP members being overcharged ad…
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