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Showing 21 - 30 of 45 results for %22FirstChoice Employer Super%22

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... 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 of ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... the distribution team apart from the 'handful' of roles impacted by the changes that CFS has made. "FirstChoice Employer Super continues to be an important superannuation offer for over 280,000 members and is the chosen default super fund for more than ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... 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 500,000 ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... million in annual fees for 500,000 members. The fee reductions apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They are effective from June. The cuts will deal a $45 million blow to FY20 net profit after ...

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... Statewide Super, Local Government Super, Club Plus, Media Super, NGS Super and CareSuper would make the grade. FirstChoice Employer would be the lone retail fund on the list. This is assuming it is three-year returns the expert panel would be using to ...

CFS tops up Morgan Stanley mandate

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... lifestage options. Morgan Stanley's Total Return Strategy is now managing $134 million for the FirstChoice Employer Super LifeStage funds, as at November end. The mandate was appointed on October 17. CFS says it made the change to manage the fixed ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... 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 receive advice ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
... Multichoice Product of the Year AMP SignatureSuper ANZ Smart Choice Super - Employer Colonial First State - FirstChoice Employer Super IOOF Employer Super - Employer Media Super Mercer Super Trust - Corporate Super Division Personal Multichoice Product ...

SelectingSuper finalists announced

ALEX BURKE  |  FRIDAY, 20 OCT 2017
... Multichoice Product of the Year AMP SignatureSuper ANZ Smart Choice Super - Employer Colonial First State - FirstChoice Employer Super IOOF Employer Super - Employer Media Super Mercer Super Trust - Corporate Super Division Retirement Select Choice Product ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... Simple Default Fund MySuper 1970s (13.6%); Telstra Super Corporate Plus MySuper Growth (13.3%); Colonial First State FirstChoice Lifestage 1970-1974 (12.7%); and First State Super Employer - Growth (12%). Colonial First State said the majority of its ...