MyState rebrands wealth business
Banking and wealth management group, MyState has announced the rebranding of its wealth business which will see its wholly owned subsidiary Tasmanian Perpetual Trustees Limited to change its name to TPT Wealth Limited.
The firm said in the announcement made to the Australian Stock Exchange (ASX) that the rebrand was a part of its transformation of its wealth business and, as a result, it would give TPT national distribution capabilities along with new digital products and services.
TPT’s range of products would remain unchanged and the firm would continue to offer managed funds, commercial lending as well as wills and estate management services.
AUTHOR
Oksana Patron
Recommended for you
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.
The number of active advisers on the HUB24 platform has risen to more than 5,200, helping it see quarterly inflows of $5.2 billion.
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.
