Super fund transfer delayed amid COVID-19

Posted on April 3, 2020 
Filed under Australian dioceses

“AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility.

Anglican National Super in October 2018 decided it would end its 14-year long relationship with AMP and move to Mercer. …”

Financial Standard.

For more:

AMP makes Anglican Super unhappy by stalling successor fund transfer – moneymanagement.com.au

“The situation has been confirmed by Anglican Super chairman, James Flavin who has told Money Management and Super Review that the fund has found dealing with AMP Limited on the successor fund transfer issue exasperating.”