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Showing 61 - 70 of 197 results for %22First State Super Employer%22

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
Shine Lawyers today filed a class action against Colonial First State alleging that hundreds of thousands of Australians were charged excessive insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into ...

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... last year at the fund saw Cbus enter corporate superannuation designed for employers with 50 or more employees, make its first increase to administration fees in a decade and start to offer bonuses to nudge its retirement members away from account-based ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... appointments are independent. The additions take the NULIS board to eight directors, from a previous four as at September end. NAB first signaled the additions in NULIS chair Peter Promnitz's opening statement to the House of Representatives. "Our ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... this year. Find the top 10 super stories for 2019 below: 1. Superannuation funds flag $113bn merger In April, First State Super and VicSuper announced they had signed a non-binding memorandum of understanding, scouting the benefits of a potential merger. ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
A $100 billion industry superannuation fund is the latest to make an end-of-year adjustment to its fees. First State Super has made an 11 basis point cut to the investment fee in its balanced growth lifecycle MySuper strategy for employer sponsored ...

Industry fund hires from Colonial First State

ELIZA BAVIN  |  TUESDAY, 22 OCT 2019
An $11.3 billion industry fund has hired an investment specialist from Colonial First State. NGS Super has appointed former Colonial First State research and investment specialist Melinda He as its new manager - liquid assets in its investment team. ...

Superannuation gets a classroom

ELIZABETH MCARTHUR  |  TUESDAY, 22 OCT 2019
... "There have been too many stories of SA employees lately who are not being paid their superannuation money and one of the first steps to addressing this issue is education and engagement," D'Alessandro said. "We want to go back to making super simple ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with 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 ...

Super fund renews admin contract

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... administration expertise to help support Rest to continue to deliver competitive long-term performance, continue to put their members first and deliver great member service." Rest chief executive officer Vicki Doyle confirmed the new contract is a continuation ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
Colonial First State (CFS) has handed redundancies to about seven distribution staff working on its corporate superannuation offering as inflows into FirstChoice Employer stall. The departures - all business development managers - come as FirstChoice ...