Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 249 results for "FirstChoice"

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Trust general division and Asgard employee MySuper ((15bps improvement each), Prime Super and Colonial First State FirstChoice Superannuation Trust (14bps imporvement each) and AMG Super (10bps). Funds whose MySuper products will see less than 10bps ...

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... Super - High Growth (26.1%). It figures in top-10 for longer horizons of up to 10 years. Capping of the top-three was FirstChoice Employer -- Lifestage (1980-1984) with 25.7% for the12 months. On three-year horizons, the top-three performers are GuildSuper ...

Yarra Capital appoints managing director

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
... operations functions. Since 2017, Eason was also a director of Colonial First State Investments Limited, the issuer of CFS' FirstChoice range of products. Eason also had a long career at Goldman Sachs where he was a managing director and co-head of the ...

Plato wins $3.9bn mandate

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
... fund since 2010, a retail fund recently allocated $3.9 billion to Plato Investment Management. Colonial First State FirstChoice Lifestage made the allocation to the Sydney boutique in March, with the amount totalling $3.9 billion at June end. Plato replaced ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
Colonial First State's FirstChoice Lifestage returned an average of 22.4% after fees and tax in FY21. The returns are aggregate across FirstChoice's different lifestages, which have different asset allocations. The 1990-1984 lifestage returned ...

Adviser platform satisfaction slips

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
... platform by overall satisfaction at 80% followed by HUB24 (78%). Rounding out the top five were BT Panorama (75%), CFS FirstChoice (73%), Macquarie Wrap (73%). "The challenging business conditions brought by the pandemic has undoubtedly put pressure ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum in the year to May 2021, beating the benchmark of 15.2% p.a. MLC MasterKey ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... by Essential Super Employer Lifestage 1980-84 (28.9%), industry fund Mine Super's aggressive option (28.5%) and FirstChoice Lifestage 1980-1984 (28%). Rainmaker Information research manager Pooja Antil said the performance echoed that of Australian ...

FirstChoice dominates platform market

KARREN VERGARA  |  THURSDAY, 29 APR 2021
New research finds that Colonial's FirstChoice platform is the most popular among financial advisers across all states and territories. Rainmaker analysis of ASIC's March Financial Adviser Register reveals Colonial FirstChoice is the most-used ...