I'm curious - did the APRA enforcement extinguish the contingent liabilities listed under ASIC in the last report for AMP Group Holdings or are they separate items? (see pages 22 & 23 of the report or pages 28/29 of the .pdf)
https://corporate.amp.com.au/content/dam/corporate/shareholdercentre/files/reports/2021/September/210916-AMP_Group_Holdings_Limited_HY21_Directors_Report_and_Financial_Report.pdf
Reading through the contingent liabilities, am I correct in understanding that AMP still have the following four class actions to be resolved for which no provisions have been raised yet?ShareholderClass Action - Komlotex Pty Ltd v AMP Ltd; Fernbrook (Aust) Investments PtyLtd; AMP Ltd: NSW Supreme Court
SuperannuationClass Actions - DALE ROBERT ALFORD & ORS v AMP SUPERANNUATION LIMITED &ORS; Australian Federal Court
Financial Adviser ClassAction - EQUITY FINANCIAL PLANNERS PTY LTD v AMP FINANCIAL PLANNING PTY LTD; Australian Federal Court
Commissions for Advice andInsurance Advice Class Action - NIGEL PETER STACK & ORS v AMP FINANCIALPLANNING PTY LIMITED & ORS; Australian Federal Court
Ann: AMP enters into enforceable undertaking with APRA, page-30
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
0.020(1.89%) |
Mkt cap ! $2.834B | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.08 | $1.06 | $25.50M | 23.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 139193 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 37879 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |