Please see correspondence received on Monday 19th September 2022 regarding the recent acquisition of AET by Equity Trustees . If you have any questions Aaron can be contacted directly on the details below.

In February this year, Insignia Financial announced that it intended to sell Australian Executor Trustees (AET).

Insignia Financial has now confirmed that it has signed a share sale agreement with Equity Trustees which will acquire the AET business.

We are pleased that the AET business is being acquired by a highly complementary and aligned owner in Equity Trustees, which shares AET’s fiduciary heritage and commitment to clients.  

As two of Australia’s leading professional trustee companies, AET and Equity Trustees each have over 130 years of experience in providing trustee, executor and estate services. The combined expertise and experience of AET and Equity Trustees will ensure our clients and stakeholders continue to receive exceptional professional services and support.

There is currently no change to the business operations of AET, its management structure or employees. The AET teams who currently support you will all be transitioning to the new owner. 

The agreements in place between you and AET are unaffected by the sale and AET and Equity Trustees are committed to working closely with you to continue to deliver quality service and support.  

We will keep you fully informed as the sale process progresses through regular communications. 

You can read the Equity and IFL ASX announcements here. https://www.asx.com.au/asxpdf/20220822/pdf/45d33w5p5n19yn.pdf

Regards

Aaron Stammers

National Manager – Native Title Trusts

Australian Executor Trustees

Part of the IOOF group

T 08 9214 4970 | M 0408 099 814 | aetlimited.com.au | LinkedIn

Level 28, 152-158 St Georges Terrace, PERTH WA 6000

 

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