Up to 2.5 million AMP super accounts have been overcharged fees, class action claims

Scandal-plagued wealth management firm AMP faces another class action, this time from its customers, who are hoping to claw back hundreds of millions of dollars lost after their super funds were allegedly eroded by fees.

Franking credit beneficiaries ‘already on the public purse’, Shorten says

Opposition Leader Bill Shorten hits back at claims Labor's changes to franking credits will push self-sufficient retirees onto the pension, saying those who benefited from the existing regime are "already" receiving a gift from taxpayers.