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AMP Ltd (AMP.AX)

AMP.AX on Australia Stock Exchange

2.09AUD
17 Jun 2019
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$2.09
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11,935,784
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Thu, Jun 13 2019

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Australian regulator slaps stricter conditions on AMP's pension funds, shares fall

SYDNEY Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending its shares down more than 4%.

UPDATE 2-Australian regulator slaps stricter conditions on AMP's pension funds, shares fall

* AMP due to update market on strategy, cash flow on Aug. 8 (Adds shares, fund manager comment)

Australia banking watchdog slaps compliance orders on AMP pension fund units

SYDNEY, June 14 Australia's banking watchdog on Friday said it had issued directions and license conditions on AMP Ltd's pension fund units to force it to comply with regulations governing the superannuation industry.

Australia's AMP hit with class-action lawsuit from pension account holders

Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees.

UPDATE 2-Australia's AMP hit with class-action lawsuit from pension account holders

May 30 Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees.

Australia's AMP hit with class-action lawsuit from pension account holders

May 30 Australian law firm Maurice Blackburn on Thursday said it had filed a class-action lawsuit against wealth manager AMP Ltd on the behalf of all AMP superannuation fund account holders.

Australian AMP's 'freaked out' customers flee after advice scandal

SYDNEY Australia's oldest wealth manager, AMP Ltd, posted a near nine-fold increase in cash outflows at its wealth management unit on Thursday in the wake of damaging revelations of misconduct, sending its shares down sharply.

UPDATE 3-Australian AMP's 'freaked out' customers flee after advice scandal

* Shares down 5 pct (Updates shares, adds AGM voting outcomes)

Australia's AMP seen prevailing as shareholder revolt wanes

SYDNEY Embattled Australian wealth manager AMP Ltd is expected to survive a second shareholder vote in two years against its executive pay plans, but is still likely to face tough questions about its strategy at its annual meeting on Thursday.

Australia's AMP names John Patrick Moorhead as new CFO

Australia's embattled wealth manager AMP Ltd named insider John Patrick Moorhead as its new chief financial officer on Thursday, replacing Gordon Lefevre, who retires after more than five years as CFO.

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