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Law
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Oz regulator alleges AMP kept charging 2000 dead customers

ASIC alleges AMP companies received $600,000 in insurance premiums and advice fees.

The Australian market regulator has commenced court proceedings against trans-Tasman financial services company AMP alleging it charged life insurance premiums and advice fees to more than 2000 customers it knew had died.

The Australian Securities and Investments Commission said today it had

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Hamish McNicol Thu, 27 May 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Oz regulator alleges AMP kept charging 2000 dead customers
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