AMP (ASX:AMP) share price on watch as ASIC starts legal action
AMP (ASX:AMP) share price on watch as ASIC starts legal action
The corporate regulator is suing the finance giant in the Federal Court, accusing it of charging customers who had already exited its product.
Senior journalist at The Motley Fool
Tony Yoo is a senior journalist at The Motley Fool Australia. He formerly wrote for Yahoo Finance, Business Insider and Guardian Australia. Please send story tips to tony.yoo(at)foolcontractors.com. Tony s stock holdings are here.
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AMP Ltd (ASX: AMP) share price will be in focus on Friday morning after the Australian Securities and Investments Commission revealed it has started legal action against the finance giant.
Australia regulator sues AMP for charging pensioners fees for no service
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ASIC Sues AMP Companies For Fees For No Service Charged On Corporate Superannuation Accounts
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