Are you one of the many Australians who received a notice about the AMP Super Fees Class Action? If you’re confused about what this means for you and what steps you need to take, you’re not alone. This blog post breaks down everything you need to know about this important legal case.
What is the AMP Super Fees Class Action?
The AMP Super Fees Class Action is a legal claim launched by law firms Slater and Gordon and Maurice Blackburn. The case targets several AMP entities including AMP Superannuation Pty Limited, N.M. Superannuation Pty Ltd, and others amp-super-opt-out-notice.pdf. This isn’t just a small matter – it affects thousands of current and former AMP super fund members.
The lawsuit aims to recover compensation for people who held certain AMP superannuation accounts. If you had an account with AMP Superannuation Savings Trust, AMP Retirement Trust, or the Eligible Rollover Fund any time since July 1, 2008, you might be eligible. Super Directions Fund members who held accounts since March 30, 2011, may also qualify amp-super-opt-out-notice.pdf.
Am I a Group Member?
You might be wondering if this applies to you. Here’s how to find out:
Check Your Timeline
- Did you hold an AMP super account after July 1, 2008 (for most funds)?
- Or after March 30, 2011 (for Super Directions Fund members)?
Review the Notice
The Federal Court of Australia has ordered a formal notice be sent to all potential group members. This document contains crucial information about the case and your rights. You can access the notice here .
What Do I Need to Do?
The AMP Super Fees Class Action works on an “opt-out” basis. This means:
If You Want to Participate
You don’t need to do anything! You’re automatically included if you meet the criteria amp-super-opt-out-notice.pdf. By staying in the action:
- You’ll be bound by any outcome (settlement or judgment)
- You may receive compensation if the case succeeds
- You can’t pursue your own separate claim about the same issues
If You Don’t Want to Participate
You must formally opt out by submitting a form to the Federal Court of Australia. This must be done before May 23, 2025 amp-super-opt-out-notice.pdf. Late submissions won’t be accepted without special court permission.
Key Dates for the AMP Super Fees Class Action
The timeline is important to understand:
- Eligibility period starts: July 1, 2008 (most funds) or March 30, 2011 (Super Directions Fund)
- Opt-out deadline: May 23, 2025 amp-super-opt-out-notice.pdf
Where to Get Help
Still have questions about the AMP Super Fees Class Action? You’re not expected to navigate this alone.
For more information, you can:
- Contact Slater and Gordon directly at [email protected]
- Call their helpline: 1800 071 827 amp-super-opt-out-notice.pdf
- Consider seeking independent legal advice
Remember, questions about the notice shouldn’t be directed to the Court.
Why Class Actions Matter
Class actions like this one serve an important purpose in our legal system. They allow people with similar claims to band together, making it possible to hold large corporations accountable. For individual super fund members, joining forces often makes more sense than fighting alone.
The AMP Super Fees Class Action represents an opportunity for affected members to potentially recover losses without the stress and expense of individual litigation.
This post is for informational purposes only and does not constitute legal advice. If you believe you may be affected by the AMP Super Fees Class Action, please consult with a qualified legal professional.
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