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Showing 41 - 50 of 709 results for "CFS"

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... billion and 154,850 members. Analysing the top 50 personal default super options, Rainmaker found Colonial First State's (CFS) Essential Super Personal Lifestage 1980-84 topped the list with 12.4% p.a. over a three-year period. Virgin Money's SPD - LifeStage ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... reduction of the fees paid by members. CFSIL denied the allegations and defended the proceedings. CBA completed the sale of 55% of CFS to KKR in December 2021, but assumed carriage of the superannuation class actions and proceedings on behalf of CFSIL ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Financial advice businesses have an estimated $1.1 million valuation gap, a new survey from Colonial First State (CFS) shows, as most advisers are not prepared for the planned and unplanned sale of their practices. The Hidden Value Report, produced ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
... for six years prior to her retirement as KPMG partner by end of this month. She was previously executive general manager at CFS, leading 1,000 staff and managing over $130 billion in funds under management (FUM), and managing director - superannuation ...

CFS taps JPMAM for private equity push

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
Colonial First State (CFS) has tapped J.P. Morgan Asset Management (JPMAM) to help launch its first private equity offering. JPMAM's Private Equity Group (PEG), which manages US$35 billion in for global clients, will invest in secondaries and co-investments ...

One third of advisers use 'Big 3' platforms: Rainmaker

KARREN VERGARA  |  THURSDAY, 24 JUL 2025
... according to Rainmaker Information, which shows that one third of the industry rely on the 'Big 3'. Colonial First States (CFS) FirstChoice platform holds the highest number of financial advisers who are aligned at 13.1% and non-aligned at 13% ...

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... has $3.2 billion in retirement savings managed on behalf of more than 31,000 members. Meanwhile, Colonial First State's (CFS) confirmed that two of its MySuper Lifestage options delivered above 11% p.a. while the results for other life stages are ...

First Sentier Investors chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
First Sentier Investors has confirmed its chief executive is leaving at the end of the year. After seven years with First Sentier Investors, Mark Steinberg has announced he plans to step down. Confirming the news, a First Sentier spokesperson said ...

Awareness of options could boost advice access: CFS

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... little to no idea they can pay for it through their super. Based on a survey of 2250 Australians, Colonial First State's (CFS) Empowered Australian report, 92% of unadvised Australians don't know they can use their superannuation to pay for financial ...

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
Colonial First State (CFS) has awarded a global equities mandate to a US$160 billion fund manager. US fund manager Brown Advisory has won the mandate to oversee the global equities strategy available on FirstChoice, debuting on May 24. The option - ...