MyState subsidiary Tasmanian Perpetual Trustees has changed its name to TPT Wealth and expanded, as part of the group’s transformation of its wealth business.
TPT Wealth will now have national distribution capability along with new products and services.
As part of the move, TPT has launched a new investor portal for its clients. Investment management services will no longer be available via MyState Bank branches.
TPT Wealth called the move the “start of a new and exciting era” of its 132-year-old business, as it evolves its products and service offerings to be more contemporary and in line with its clients’ needs.
The business will continue to offer a range of managed funds, commercial lending as well as wills and estate management services.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].