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Showing 11 - 20 of 37 results for "FirstChoice Employer"

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on 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 ...

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... Growth (26.1%). It figures in top-10 for longer horizons of up to 10 years. Capping of the top-three was FirstChoice Employer -- Lifestage (1980-1984) with 25.7% for the12 months. On three-year horizons, the top-three performers are GuildSuper - MySuper ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... Super is Australia's best-performing lifecycle MySuper product across most age cohorts, followed by CFS FirstChoice Employer, BT Lifestages, Mine Super and AMP Signature," the report read.

CFS super distribution lead joins Allianz Retire+

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... said. Thornton joins Allianz Retire+ from Colonial First State where he led the distribution efforts for FirstChoice Employer Super and Commonwealth Bank's Essential Super for three years. He also served as head of distribution strategy and implementation ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... March 2020 to let them know grandfathered commissions would be turned off on managed investment funds and FirstChoice Employer Super. AIOFP executive director Peter Johnston told Financial Standard : "We find it bizarre that advisers and consumers must ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
Colonial First State has cut fees for about 200,000 members and will close some legacy options in FirstChoice Employer Super, as it simplifies its product line and phases out grandfathered commissions. The changes are across retail products (legacy ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... action. It relates to FirstChoice Personal Super and Pension, FirstChoice Wholesale Personal Super and Pension, FirstChoice Employer Super and Commonwealth Essential Super. To join the class action, consumers must have held life of total and permanent ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... Elkins in particular. The action alleged CFS's implementation of the MySuper reforms for members of the FirstChoice Employer Super division was slow and the fund breached its duties to members. Maurice Blackburn said CFS failed to exercise the degree ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... redundancies to about seven distribution staff working on its corporate superannuation offering as inflows into FirstChoice Employer stall. The departures - all business development managers - come as FirstChoice Employer's net assets stagnate even though ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... said. Fee cuts On April 18, CFS also announced fee reductions to apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They are effective from June. The cuts would save members $68 million in annual fees for ...