Wealth management company the AMP (OTC: AMLTF) Ltd said on Tuesday it was awarded an A$14.5 million ($9.74 million) penalty by the Federal court for infractions involving the traditional charge in the form of “Plan Service Fees.”
Related: Australia’s stock market is up at the end of the day; the S&P/ASX 200 is up 0.21.
($1 = 1.4890 Australian dollars)
