AMP Class Action Settlements

AMP Super Class Action

You web browser may not be properly supported. To use this site and all its features we recommend using the latest versions of Chrome, Safari or Firefox x Current class actionsAMP Super Class ActionSettlement Approval Hearing UpdateThe settlement approval hearing was held on 7 April 2026, and the judgment has been reserved. This webpage will be updated once the Court delivers its decision.In-principle settlement reachedWe’re pleased to confirm that a settlement of $120 million has been reached in the AMP Super Fees Class Action, subject to Court approval.From March 2026, Notices of Proposed Settlement were distributed to eligible group members.The Notice contained important information about the proposed settlement of the class action. If you received a Notice, please read it carefully in order to understand how the proposed settlement may affect your legal rights.You do not need to do anything or provide any further information at this stage to remain part of the AMP Superannuation Class Action.View NoticeBackgroundThe AMP Super Class Action alleges that AMP paid too much to related entities for administration services, resulting in excessive fees on members’ superannuation accounts.The class action also includes claims where member’s funds were held in specific cash-only investment options and members received interest rates lower than what a reasonable and diligent trustee could have obtained on the open market.On 20 August 2019, the Court made orders consolidating our proceeding with a similar proceeding filed by Maurice Blackburn Lawyers. As a result of this consolidation order, we are running the matter jointly with Maurice Blackburn pursuant to an agreed cooperation protocol and under the supervision of a Court-appointed costs referee.Frequently Asked Questions What is a class action?

AMP Super Fees Class Action