WESTPAC BANKING CORPORATION

ABN 33 007 457 141

Wealth Update

March 2017

Brian Hartzer

Chief Executive Officer

Investing in the wealth opportunity

Investments and insurance are a strategic priority Starting from a position of strength Scale supports investment Significant investment now moving to commercialisation

2

Supporting customers through their life

Starting Out

15-25

Working

25-44

Pre-retiree

45-64

Retiree

65+

Spend on financial services by a family through their lives ($ per annum)

Insurance

Investments (incl superannuation) Banking

37%

11%

Lifetime 52%

spend

15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90

Age

Source: BT internal estimates. Data based on theoretical couple on an average salary commencing work at 16, retiring at 65 and living to 90. Insurance includes home and contents and Life/TPD (not motor vehicle or health). 3

BT Financial Group

Serving customers through their life

Brad Cooper

Chief Executive, BT Financial Group

4

Westpac Banking Corporation published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 March 2017 04:45:09 UTC.

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