FSU Meets Westpac Over Changes to Wealth Business - REPORT BACK MEETINGS

1 April 2019

Late last month, Westpac announced the sale of face to face personal advice in BT Financial Group to Viridian Advisory, as  well as the decision to fold remainder of their BT division into Consumer and Business Bank.

Read more about the bank’s decision and the impact here: http://www.fsunion.org.au/News-Views/Westpac-Announces-Changes-to-Wealth.aspx

Since that time, FSU has been holding consultation meetings across the country with affected staff. Today FSU met with the bank to take your questions and concerns directly to the decision makers at Westpac to seek answers.

FSU and Westpac have agreed to continue to meet to discuss solutions and ongoing questions.

Report Back Meetings

FSU will be holding report back meetings to share the details of Westpac’s response and based on that response, where to from here and what action we might be taking.

If you are impacted by the bank’s announcements it is imperative you attend a report back meeting and hear first hand what the bank has to say, and have your say about suggested solutions.

Keep an eye out for further updates which will detail meeting times and venues for workplace meetings.

Please share this update with all of your colleagues and if you’re not yet a Union member, you can join via the link below.  FSU can only represent you if you are a Union member.


Authorised by Julia Angrisano, National Secretary