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BRIEF-AMP Says Class Action Filed Against Unit In Federal Court In Victoria

Published 30/07/2020, 03:41 pm
© Reuters.
AMP
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July 30 (Reuters) - AMP Ltd AMP.AX :

* DEFENCE OF INSURANCE ADVICE CLASS ACTION

* PROCEEDING RELATES TO ADVICE PROVIDED BY SOME ALIGNED FINANCIAL ADVISERS IN RESPECT OF CERTAIN LIFE AND OTHER INSURANCE PRODUCTS

* CLASS ACTION PROCEEDING HAS BEEN FILED AGAINST AMP FINANCIAL PLANNING PTY LIMITED (AMPFP) IN FEDERAL COURT IN VICTORIA.

* AMPFP AND HILLROSS WILL DEFEND PROCEEDINGS

* PROCEEDINGS ARE ALSO COMMENCED AGAINST AMP LIFE LIMITED

* CLASS ACTION PROCEEDING ALSO FILED AGAINST AND HILLROSS FINANCIAL SERVICES LIMITED (HILLROSS) IN FEDERAL COURT IN VICTORIA

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