Federal Court approves BT Super $30m settlement
The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in a cash option.
Justice Murphy Slater Gordon Bt Super For Life Superannuation Fund Bt Financial Group Westpac Life Insurance Services Group Member Data
Source: financialstandard.com.au