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Best’s News & Research Service subscription required - February 05, 2020 04:42 PM (EST)

Australian Court Fines AMP Over ‘Churning;’ Company Agrees to Remediation, Restitution

An Australian federal court has fined AMP Financial Planning Pty. Ltd. A$5.2 million (US$3.51 million) for a “lamentable failure of corporate will,” in not preventing company financial planners . . .

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Australia Fines And Penalties Life Insurers Litigation


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