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Showing 141 - 150 of 623 results for "CFS"

Global manager to build local retail team

KANIKA SOOD  |  TUESDAY, 26 NOV 2019
... systematic, quantitative strategies. Roughly $1.5 billion of this is from retail investors, through a 2005 arrangement with CFS. Starting December 31, Acadian will take the sales and marketing role in-house but CFS will continue to provide trustee and ...

Colonial First State appoints former Schroders chief

KANIKA SOOD  |  TUESDAY, 26 NOV 2019
The former chief executive of Schroders Australia is joining the boards of Colonial First State Investments Limited and superannuation trust Avanteos Investments Limited. Greg Cooper will join the two boards as an independent non-executive director ...

Grandfathering phase out tussle continues

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... of grandfathered remuneration, much to the ire of the Association of Independently Owned Financial Professionals (AIOFP). A CFS spokesperson confirmed to Financial Standard the business is planning to phase out grandfathered remuneration throughout 2020 ...

Colonial First State appoints distribution lead

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
Colonial First State has appointed a new general manager for its distribution functions, while renaming it to CFS Advice Relationships. Bryce Quirk was announced as the general manager of CFS Advice Relationships this morning to staff and advisers. ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
The chief executive of NewCo is set to exit among other changes to Commonwealth Bank's group executive lineup. Jason Yetton will depart in early January 2020 after just over 12 months in the role. To date, Yetton oversaw the divestment of Count ...

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... composite was 5.7% p.a. over the benchmark (MSCI All Country World Index benchmark) from December, 2015 inception to June end. CFS and Gifford have a partnership spanning more than a decade, starting when CFS appointed it the Scottish manager to its ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... outgoing commissions paid to financial advisers. The class action is on behalf over 500,000 Australians and is the second against CFS, a subsidiary of Commonwealth Bank to be filed in less than a week. The action alleges that since 2013 CFS failed to ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the former CFS Private Wealth director faced 12 charges of engaging in dishonest conduct in the course of carrying on a financial services ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused losses to over 100,000 members. The class ...

New executive role at Colonial First State

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
... outcomes across Colonial First State and drive member centric initiatives. In addition Todd will be responsible for digital, the CFS data office and data strategy, and our human-centred design capability," a CFS spokesperson said. He will retain the ...