BT to wind up Retirement Wrap
As it readies part of its superannuation business for transfer to Mercer, BT is consolidating its remaining funds.
Source: financialstandard.com.au
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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