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Financial Planning

AMP to pay $29m to settle class action

AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients.

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Read more: Shine LawyersFederal Court of VictoriaAlexis GeorgeAMP Financial PlanningAMP ServicesCharter Financial PlanningHillross Financial ServicesN.M. SuperannuationResolution Life Australasia