On 28 September 2017, our parent company IOOF completed the acquisition of National Australia Trustees Limited (NATL) which included NATL’s Personal Trustee business and select trustee arrangements in their Corporate Trustee business.
The NATL business continues to operate as a traditional trustee company but its name has changed to AET Services Limited. AET Services Limited will eventually become part of AET.
Through the acquisition, we have increased our geographic footprint by securing a bigger presence on the east and west coasts of Australia. We are now one of Australia’s largest compensation trust providers. Our increased scale will also help us to offer a wider range of flexible and unbundled trustee services that meet the changing needs of you and your clients.
We have been working closely with IOOF and NAB to ensure a seamless transition for NATL clients, advisers and staff members. We are in the process of communicating with all former NATL clients and advisers to make them aware of the changes.
For more information please contact your AET representative on 1800 882 218.