AMP 1.56% $1.30 amp limited

An AMP spokesman said the company had not yet seen any documents...

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    An AMP spokesman said the company had not yet seen any documents relating to the case but stood by its performance.
    "We understand the potential action relates to AMP superannuation trustees and AMP meeting its obligations to members. On this basis, we would defend the matter vigorously, if served," he said.
    "AMP and the trustees of its superannuation funds are firmly committed to acting in the best interests of their superannuation members and acting in accordance with legal and regulatory obligations. We encourage any customers who have concerns to contact AMP directly or their financial adviser."


    the unnamed AMP spokesman's statement was incorrect
    Investment firm AMP will refund superannuation customers who lost money on their retirement savings because their cash investments were eroded by fees and charges.
 
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