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Mercer a business of Marsh McLennan NYSE MMC and a global leader in redefining the world of work reshaping retirement and investment outcomes and unlocking real health and wellbeing announced today that an agreement was reached with Westpac Group to transition BTs Private Portfolio Management PPM business to Mercer.
BT’s Private Portfolio Management business will transition to Mercer later this year, following the acquisition of Advance Asset Management and the transfer of BT Super.