If you held one or more superannuation account(s) with AMP at any time from 30 May 2013, you are automatically a group member in the action and you are not required to do anything. You will be legally bound by the outcome unless you take steps to opt out.
We encourage you to sign up with us now however, so that we can keep you updated on progress and assist you with any steps you may need to take.
At some stage, the applicants are likely to seek a common fund order, which is an order that all group members contribute to the cost of litigation funding whether they enter a funding agreement or not. If such an order is made, it will supersede the terms of your funding agreement. We still recommend entering a funding agreement now, as there is no disadvantage to doing so, and it means you will be regarded as a funded group member if, for some reason, common fund orders are not made.