The merger between BT Super and Mercer will help advance Mercer on its mission to be the best superannuation fund in the market while members could see more than 25% fee ...

Westpac and BT Funds Management have entered into a Heads of Agreement to merge BT’s personal and corporate superannuation funds with Mercer Super Trust, through a succes...

Westpac is expecting to sign a heads of agreement for its underperforming BT Super MySuper product by the end of the financial year....

Westpac has been ordered to pay penalties of $113 million for compliance failures in banking, superannuation, wealth management and insurance....

While funds under management has grown, it has acknowledged the poor performance in the inaugural Your Super, Your Future performance test....

The prudential regulator is investigating the dividend policies of superannuation funds – and it will look beyond those that failed the super performance test....

The findings in the case, for which the big four bank will pay a $10.5 million penalty after it rolled over superannuation accounts, has established a precedent for the p...

The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank....

BT has appointed former Westpac executive Gai McGrath as chair of the BT Super Trustees Boards following the retirement of David Plumb after 10 years. ...

The big four banks have shed their ‘negative’ credit ratings by S&P Global Ratings and been upgraded to ‘stable’ after the swift COVID-19 recovery. ...

Superannuation funds with major shareholdings in Westpac will be putting their members’ investments at risk if they do not support a greater board focus on risk and compl...