ANZ forms strategic relationship with Equity Trustees
Australia and New Zealand Banking Group Limited (ANZ) has formed a strategic relationship with Equity Trustees for the delivery of Trustee services to clients.
This new relationship sees Equity Trustees deliver traditional trustee services such as establishing and running charitable trusts and granting philanthropic monies for clients referred by ANZ. Equity Trustees refers clients to ANZ for wealth management and general banking services as appropriate.
As part of this new arrangement, ANZ made the decision to sell ANZ Trustees Ltd (Trustees) to Equity Trustees.
As a result of the sale, the majority of the Trustees business has been transitioned to Equity Trustees. ANZ retains 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.