
BT Super sold to Mercer
Westpac has announced that it has entered into a heads of agreement to shift its superannuation business to Mercer.
The company said it had entered into a heads of agreement with Mercer to merge, through a successor funds transfer, BTY’s personal and corporate superannuation funds with Mercer Super Trust.
It said that additional Westpac had entered into an agreement to sell its Advance Asset Management business to mercer.
This is proof the FPA supports bureaucracy and red tape. It is trying to undermine the AIOFP which has really…
Call me pessimistic, but I'm betting that the FPA would be volunteering to do the capacity assessment, for a nominal…
(I think many thought this should have been the way the uplift was first envisaged.) The key problem with a…
Financial planners didn't tolerate such treatment by government. Many voted against the LNP for the first time in their lives.…
I had a good laugh reading this. If the FPA think this is the most important use of their time,…