Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year s top stories largely focused on this space. However, there was one particular executive move that simply couldn t be scrolled past.
The Federal Court has ordered BT Funds Managements Limited to pay a $20 million penalty for incorrectly charging commission payments to members of one of its superannuation funds. Late last week, the
BT Funds Management has been penalised for incorrectly charging commission payments to members of one of its super funds. The Federal Court has ordered BT Funds Management to pay a $20 million penalt
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned.