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ANZ completes sale of Trustees to Equity Trustees

08 Jul 2014
From
Joyce Philllips

Joyce Philllips

ANZ yesterday announced it has completed the sale of ANZ Trustees Limited to Equity Trustees Limited.

As part of the agreement, ANZ formed a new strategic relationship with Equity Trustees involving a range of client referral and service arrangements. ANZ also retained its Philanthropic Advice, Estate Planning, Investment Management and Alternative Investment capabilities.

ANZ CEO Global Wealth Joyce Phillips said: “This sale allows us to focus on the key elements of our wealth strategy, while also providing our clients with continued access to specialist trustee administration services.”

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