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Search ResultsShowing 71 - 80 of 100+ results for "CFS"
CFS strikes strategic distribution deal
JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... strategic alliance with a global investment manager that will see Australian investors gain access to a new global equities fund. CFS is partnering with Baillie Gifford to distribute the Baillie Gifford Long Term Global Growth Fund. CFS general manager ...
Colonial First State to cut tobacco by 2020
KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... vouched to offload all its tobacco-related investments by 2020, as it signs on to the UN-endorsed Tobacco-Free Finance Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose the actual dollar value. ...
CFS technical expert moves to Australian Unity
KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... Australian Unity's advice arm appointed Yvonne Chu as its head of technical services. Chu spent more than 11 years at CFS, starting as a technical manager before she was promoted to a senior position. As senior technical manager, Chu led CFS's ...
CFSGAM chief executive departs
JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... mortgage broking business. This process is expected to be complete in 2019 with the businesses to be collectively known as CFS Group. CFSGAM board director John Mulcahy was named chair of CFS Group, while a chief executive is yet to be appointed.
AMP, CBA respond to record class action bid
JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... failed to obtain competitive cash interest rates on cash option funds and charged exorbitant fees. Slater and Gordon estimates CFS and AMP members have lost up to $500 million from their super accounts. The law firm estimates up to $1 billion in retirement ...
APRA to reopen old wounds for CBA, IOOF
KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... there were legitimate governance issues that needed to be addressed, APRA said. APRA added it first raised the possibility CFS had breached section 29WA of the SIS Act by not transitioning members properly to either a choice investment option or MySuper ...
Retail super funds in hot water: Royal Commission
KARREN VERGARA  |  MONDAY, 27 AUG 2018
... interests of the affected members over the interests of advisers contrary to the SIS Act; Engaged in misconduct in selling CFS products in bank branches in circumstances where it was known from September 2013 that staff were not complying with general ...
Intra-fund advice conflicted: Royal Commission
KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... them from moving to a cheaper default option. One financial adviser was banned in the process, the Royal Commission heard. CFS general manager of distribution Peter Chun followed colleague Linda Elkins' testimony yesterday. Senior counsel assisting ...
ANZ grilled over Smart Choice sales
JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... previous marketing collateral for the product wrongly labelled it as a MySuper option. Yesterday, the royal commission heard CFS executive general manager Linda Elkins blame the limitation of CBA's systems and lack of operational capacity for failing ...
Poor systems delay MySuper transitions: CFS
KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager Linda Elkins blamed the limitation of CBA's systems and lack of operational capacity for failing ...
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