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Miscalculations delay remediation, more issues emerge: AMP

AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged more issues in relation to corporate super clients.

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Read more: AMPASICMike WilkinsRoyal CommissionMichael Hodge