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  • AMP to face court over fees for dead people, ASX flat after Victorian lockdown

AMP to face court over fees for dead people, ASX flat after Victorian lockdown

The corporate regulator has launched legal action against investment giant AMP for charging fees to the estates of dead people, and the ASX has drifted on news of a coronavirus lockdown in Victoria.

by | 27 May, 2021

ASIC faces fresh questions on industry super campaign

The Australian Securities and Investments Commission accused five AMP companies of charging life insurance premiums and advice fees to customers who had died.

Read more at ABC Business News

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