AMP 0.45% $1.11 amp limited

Ann: AMP enters into enforceable undertaking with APRA, page-30

  1. 1,540 Posts.
    lightbulb Created with Sketch. 5
    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


 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Last
$1.11
Change
0.005(0.45%)
Mkt cap ! $2.913B
Open High Low Value Volume
$1.10 $1.11 $1.09 $9.151M 8.304M

Buyers (Bids)

No. Vol. Price($)
2 16001 $1.11
 

Sellers (Offers)

Price($) Vol. No.
$1.12 258876 11
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.