BT fined $20m for incorrect commission payments
Westpac-subsidiary BT Funds Management has been fined $20 million for incorrectly charging commission payments to certain superannuation fund members.
Source: moneymanagement.com.au
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Superannuation trustee penalised over insurance commissions in super
The Federal Court has ordered BT Funds Managements Limited to pay a $20 million penalty for incorrectly charging commission payments to members of one of its superannuation funds. Late last week, the
Source: smsfadviser.com
ASIC: Westpac Subsidiary BT Funds Management Penalised $20 Million For Incorrectly Charging Commissions For Insurance In Superannuation
<p><span>The Federal Court has today ordered Westpac subsidiary and superannuation trustee, BT Funds Management Limited (BT Funds), pay a $20 million penalty for incorrectly charging commission payments to members of one of its superannuation funds.</span></p> <div><span><br /></span></div>
Source: mondovisione.com
Court orders BT to pay $20 million penalty
BT Funds Management has been penalised for incorrectly charging commission payments to members of one of its super funds. The Federal Court has ordered BT Funds Management to pay a $20 million penalt
Source: investordaily.com.au