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Showing 21 - 30 of 223 results for %22CFS Investments%22

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... slice of the financial adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally to service the ever-changing needs of its adviser clients. CFS chief distribution ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... (CBA) today announced all regulatory approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December 2021. CBA first announced the ...

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 ...

Former CFSGAM chief executive joins CFA Institute

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
... 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
... class actions. It is defending itself against four superannuation class actions that involves Colonial First State Investments (CFSI). The advice class action relates to Commonwealth Financial Planning, Financial Wisdom and CommInsure, which alleges ...

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 ...

Colonial First State adds to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
... manager of product Kelly Power to chief executive for CFS Superannuation, which also takes responsibility for CFS Investments. She retained responsibility for product and strategy and was also added to the trustee board.