The fees were that excessive that if a person had $100,000 money invested in a superfund.....they were losing money every year with fees that were far greater than the money they were making for the individual investor....
In other words the people investing in the AMP company were the milking cows for the company and employees taking all the cream....
An its been happening for decades.....until this Royal commission brought it all to light....
Amp superfunds with 100k were losing money
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Last
$1.09 |
Change
0.003(0.23%) |
Mkt cap ! $2.880B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.08 | $7.380M | 6.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28971 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 175553 | 3 |
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| AMP (ASX) Chart |