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AMP Agrees to $29 Million Settlement in Commissions Class Action

8:43am on Thursday 11th of December, 2025 AEDT Financial Services
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AMP Agrees to $29 Million Settlement in Commissions Class Action

8:43am on Thursday 11th of December, 2025 AEDT
Key Points
  • Settlement covers commissions class action from July 2014 to February 2021
  • Total settlement amount agreed at $29 million
  • Involves AMP Limited and former advice licensee subsidiaries
  • Settlement subject to Federal Court approval and deed execution
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