Thursday, August 16, 2018

AMP Super chair Rick Allert in Royal Commission hot seat to explain myriad of fees in superannuation arm; Michael Hodge QC channels Ms Siri

AMP Super chairman Rick Allert has been pressured to explain the myriad of fees incurred in the administration of the wealth manager's superannuation arm. 

Counsel assisting the banking Royal Commission Michael Hodge is continuing his scrutiny of AMP given damaging revelations about fees charged without service earlier this year. 

ABC's Peter Ryan says this morning's hearing received an unexpected interruption when Michael Hodge's Apple watch hear from Ms Siri.

Here's my report from The World Today

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