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AMP Agrees to $120 Million Settlement in Superannuation Class Action
9:24am on Monday 15th of September, 2025 AEST
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Financial Services
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AMP Agrees to $120 Million Settlement in Superannuation Class Action
9:24am on Monday 15th of September, 2025 AEST
Key Points
Settlement totals $120 million, with AMP contributing $75 million
Class action concerns fees and interest rates from 2008 to 2020
Settlement requires Federal Court approval and final deed execution
AMP denies any admission of liability in the settlement
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