The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in a cash option. https://www.financialstandard.com.au/feed/latest?story=179802465 en-AU Copyright 2026 Financial Standard 5