Westpac flicks its high-net-worth wealth advisory clients to Forsyth Barr
Business sold just prior to regulatory change, but that’s irrelevant, says bank.
Westpac in New Zealand has followed the lead of its parent bank in Australia, as well as competitors, and is getting out of providing its wealthiest clients with investment advice before changes sweep the regulatory environment for financial advisers early next year.
The move was signalled in
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