Australia court fines AMP $3.5 mln over incorrect insurance advice
Australia’s Federal Court has ordered
wealth manager AMP Ltd to pay a penalty of A$5.2
million ($3.5 million) for failing to prevent incorrect
insurance advice by financial planners, the corporate watchdog
said on Wednesday.
wealth manager AMP Ltd to pay a penalty of A$5.2
million ($3.5 million) for failing to prevent incorrect
insurance advice by financial planners, the corporate watchdog
said on Wednesday.
Posted by Reuters
