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.
Recommended for you
TAL has introduced four new courses to its Risk Academy focused on ethical dilemmas as part of Ethics Month to help advisers meet their CPD requirements.
Unadvised Australians believe they need $2 million to retire comfortably, according to Colonial First State, a wide variance compared to advised individuals which estimate $1.3 million.
Financial advisers can now access Vanguard’s diversified managed account strategies on HUB24 and Netwealth, marking a “significant expansion” through new distribution channels.
The heads of two financial advice licensees have joined the board of the Financial Services Council as it looks to deepen its engagement with the space and strengthen its representation.