Media releases

Customers of BT Financial Advice operating through the Westpac, St.George, Bank of Melbourne and BankSA networks (BT Financial Advisers) will benefit from the removal of grandfathered payments attributable to their BT products.

Westpac today acknowledges commencement of Federal Court proceedings by the Australian Securities and Investments Commission (ASIC) in respect of one former financial adviser it reported to ASIC in 2015.

BT Financial Group (BT) today announced it supports a number of key draft recommendations in the Productivity Commission’s (PC) report into the $2.6 trillion superannuation industry which, if implemented, would save consumers $3.9 billion each year.

As more Australians invest their retirement savings in SMSFs, new research shows greater diversification of portfolios is needed, with only one in five advisers considering all their SMSF client portfolios well diversified.

BT has announced its flagship platform, BT Panorama, has passed $10 billion in funds under administration (FUA) securing its place as one of the fastest growing platforms in the market, while continuing to differentiate from heritage platforms.

In an address today at the 2018 Global Summit of Women, BT General Manager Superannuation, Melinda Howes highlighted that more support is needed when it comes to women and finances, with new research showing less than one fifth (18%) of women feel satisfied they are on track in preparing for their financial future.

Millennials (Gen Y and Z) are the most optimistic about their future with 74 per cent saying they will be in a better financial position in two years’ time despite rising cost of living pressures, says new research from BT Financial Group (BT).

BT Financial Group today announced the resignation of John Shuttleworth, General Manager Platforms and Investments after 14 years with the Group.

BT Financial Group and the Australian Fashion Council (AFC) are proud to announce Albus Lumen, by Sydney based designer Marina Afonina, as the winner of the BT Emerging Fashion Designer Award 2018.

BT Financial Group (BT) has announced it will fully adopt the Insurance in Superannuation Voluntary Code of Practice (the Code) for superannuation trustees and implement the new standards.

BT Financial Group, together with the Australian Fashion Council (AFC), are pleased to announce labels Albus Lumen, Double Rainbouu and Anna Quan as the finalists for the 2018 BT Emerging Fashion Designer Award. With the first prize valued at $70,000, the winner will be announced at the BT Runway event on 28 March 2018, with all three finalists presenting their collections alongside some of Australia’s most successful designers.