Published: June 13, 2019
Regulator tells embattled financial services group it must strengthen board among other measures
The Australian Prudential Regulation Authority has issued compliance orders to AMP Super amid continued concerns about the company’s management in the wake of the financial services royal commission.
The prudential regulator said on Friday it had issued directions and additional licence conditions to AMP Superannuation Limited and NM Superannuation Proprietary Limited – collectively AMP Super – to address a range of issues amid its ongoing supervision of the company.
Continue reading...from The Guardian http://bit.ly/2X6tCl3
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