ANZ forms strategic relationship with Equity Trustees
Australia and New Zealand Banking Group Limited (ANZ) recently announced that the formation of a strategic relationship with Equity Trustees for the delivery of Trustee services to clients.
This new relationship will see Equity Trustees deliver traditional trustee services such as establishing and running charitable trusts and granting philanthropic monies for clients referred by ANZ. Equity Trustees will refer clients to ANZ for wealth management and general banking services as appropriate.
As part of this new arrangement, ANZ has also made the decision to sell ANZ Trustees Ltd (Trustees) to Equity Trustees.
As a result of the sale, the majority of the Trustees business will be transitioned to Equity Trustees. However, ANZ will retain certain services and functions, including the Investment Management Service and the Alternative Investment service, Estate Planning and a Philanthropic Advice capability.
Find out more about Equity Trustees.
Read the Media Release.