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Showing 121 - 130 of 284 results for "FirstChoice"

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
... continues to be a key business partner, CFS said. It distributes the Boston-based manager's funds in Australia. CFS FirstChoice global share fund had returned 4.81% or 0.08% above the benchmark since it was set up in April 2002 by current CFS general ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... breached section 29WA and must rectify the situation. To APRA, it was clear relevant members were in a choice product (FirstChoice Personal Super) but it was not apparent which ones should be moved to MySuper. CFS did not indicate to it "intended to ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... structure are grandfathered trail commissions arrangements established before 1 July 2014. About 6000 are in place between FirstChoice Employer and Financial Wisdom. Intra-fund advice, Chun said, does "not go beyond general advice." In essence, members ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... products. Yesterday, senior counsel assisting Michael Hodge questioned why CFS dragged its feet in transitioning 13,000 FirstChoice Personal members into cheaper MySuper default products. CFS reported to APRA it breached section 29WA of the Superannuation ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... members in its cash option. In September 2017, at the time of the 19th update, CFS' final transfer of the 7000 ADAs in FirstChoice Super occurred - it was scheduled to happen in May 2017. Following this, CFS sent an EY remediation report to APRA and ...

HUB24 introduces low-cost product

KARREN VERGARA  |  THURSDAY, 19 JUL 2018
... one of the top five administration platforms in terms of investment functionality. The list included Netwealth, CFS FirstChoice, CFS FirstWrap and Macquarie Wrap out of a possible list of 17 providers. AdviserNETgain and Lonsec took out the tops spots ...

Advisers name top platform provider

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... surveyed in the Financial Advice Landscape Report said Netwealth delivered the best investment functionality. HUB24, CFS FirstChoice, CFS FirstWrap and Macquarie Wrap rounded the top five out of a possible list of 17 providers. AdviserNETgain and Lonsec ...

Younger advisers drive digital client engagement

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... said. Advisers canvassed in the survey said netwealth is the platform of choice based on satisfaction, followed by CFS FirstChoice. AdviserLogic leads in planning software satisfaction for the third year running. Aside from the traditional face-to-face ...

FirstChoice adds natural resources strategy

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... $484 billion in assets under management has added its global natural resources strategy to Colonial First State's FirstChoice platform. Janus Henderson's global natural resources strategy is now available on the platform. Managing the strategy is Janus ...

CFS partners to create ESG fixed income fund

KANIKA SOOD  |  THURSDAY, 3 MAY 2018
... the Affirmative Global Bond Fund to the Australian market," Chun said. The fund will initially be offered on CFS's FirstChoice and FirstWrap platforms from May 2018 alongside other Alliance partners of Colonial First State including Acadian, Aspect ...