AMP to pay $120M to settle superannuation class action

AMP reaches $120m settlement on super class action

AMP reaches $120m settlement on super class action Laura Dew Tue, 2025-09-16 07:00 Laura Dew Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management. View articles by Laura Laura 's social profiles: E-mail Author Twitter Print

AMP superannuation class action settles for $120m

A major class action that alleged AMP’s superannuation members were overcharged due to failures of the trustees to maintain fees has settled for $120 million, pending court approval.

AMP to pay $120M to settle superannuation class action

Save (1) Please login to bookmarkClose Username or Email Address Password Remember Me AMP has agreed to pay $120 million to settle a class action stemming from the banking royal commission which accused it of overcharging millions of superannuation members over a 12-year period. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost your passwor…