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Showing 61 - 70 of 623 results for "CFS"

CFS adds to managed account offering

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
... Lonsec Active, six risk profiles from both Morningstar Core and Morningstar Active and an additional six from Zenith Active. CFS said the portfolios have been developed in response to feedback from advisers seeking quality investment solutions at a lower ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... premiums reduced from the first quarter of 2022. The reductions come as AIA has been reappointed as the group insurer for CFS. The premium reductions will vary depending on member circumstances, but CFS said the average reduction will be 18% across all ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... months later, in July 2020, APRA imposed licence conditions on CFSL [which continue and were for separate matters, according to CFS]. The court documents state that CFS sent 12,911 letters to FirstChoice members with misleading representations about ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... markets. CBA's Essential Super is best-performing lifecycle MySuper product across the most age cohorts, followed by Mine Super, CFS FirstChoice Employer and Telstra Super. Rainmaker's Retail MySuper Index has again outperformed the Not-for-Profit MySuper ...

Former CFSGAM chief executive joins CFA Institute

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
The CFA Institute has appointed the former chief executive Colonial First State Global Asset Management (CFSGAM) and First State Investments as chair of the board of governors. Mark Lazberger is one of two Australians on the CFA Institute board of governors ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps and a flat fee of $10 per year for administration. It is currently $60 per ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... already moved to improve member outcomes. Four funds have already announced firm or planned mergers with passing funds, while CFS FirstChoice yesterday announced a fee cut. BOC is merging with Equipsuper, EISS is exploring a merger with TWU, LUCRF is ...

CFS appoints risk chief from MLC

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
... with MLC Wealth's former chief operating officer stepping into the role. Anthony Lane starts as group chief risk officer at CFS today. He was chief operating officer and chief risk officer at MLC Wealth for two years. In that role, Lane led a team of ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ...

ANZ adds former CFSGAM exec to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
The bank has added a former Colonial First State Global Asset Management co-head of unlisted infrastructure investments to its board. Christine O'Reilly will join the ANZ board on November 1 as a non-executive director, subject to shareholder approval ...