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Showing 1 - 2 of 2 results for "Westpac Annuity Deposit"

Westpac fined over misleading statements on annuity product

LAURA MILLAN  |  WEDNESDAY, 17 SEP 2014
Westpac has had to pay a $20,400 penalty for potentially misleading statements on its Westpac Annuity Deposit. The bank has paid the penalty after the Australian Securities and Investments Commission issued two infringement notices regarding the product ...

Westpac launches annuity lookalike

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
... response to demand from financial advisers seeking options to help clients achieve retirement goals. The Westpac Annuity Deposit will require a minimum deposit of $50,000 and will provide an income stream for up to 15 years. The income will be drawn ...
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