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Australia sets up task force to disrupt investment scams

Australia sets up task force to disrupt investment scams
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AMP hit with A$24m fine for charging deceased customers

AMP hit with A$24m fine for charging deceased customers
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PwC internal review of tax leak continues the cover-up , Australian senator says | PwC

Labor’s Deborah O’Neill says it’s not enough for company to ‘share summary of key recommendations’, amid calls for AFP investigation

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Aussie regulator sues AMP for allegedly charging dead clients

It claims five subsidiaries were ‘involved’ in taking money from more than 2,000 life and advised customers The Australian Securities & Investments Commission (Asic) has started civil proceedings against wealth giant AMP. The watchdog alleged that five firms that are part of the AMP Group were “involved in charging life insurance premiums and advice fees to more than 2,000 clients despite being notified of their deaths”. The firms in question are: AMP Superannuation Limited; NM Superannuation Proprietary Limited; AMP Financial Planning Proprietary Limited; and, AMP Services Limited. Allegations Asic alleges that between May 2015 and August 2019 each of the five businesses did at least one of the following:

New zealandNm superannuation proprietaryFinancial planning proprietaryAustralian securities investments commission asicAustralian securitiesInvestments commissionProprietary limitedResolution life new zealandPlanning proprietary limitedபுதியது ஜீலாந்துந்ம் சுப்பெறன்ணுஅதிோன் ப்ரொப்ரைடரீஆஸ்திரேலிய பத்திரங்கள் முதலீடுகள் தரகு அசிசிஆஸ்திரேலிய பத்திரங்கள்முதலீடுகள் தரகுப்ரொப்ரைடரீ வரையறுக்கப்பட்டவைதீர்மானம் வாழ்க்கை புதியது ஜீலாந்து