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Superannuation

Federal Court approves BT Super $30m settlement

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.

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Read more: BTFM,  Slater & Gordon,  BT Super,  Federal Court,  Justice Murphy,  BT Funds Management,  Westpac Life Insurance Services,  BT Financial Group,  Mercer,  TAL Life,  Therium Litigation Finance