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Showing 1 - 4 of 4 results for "Colonial First State FirstChoice Superannuation Trust"

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
Colonial First State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
Colonial Super Retirement Fund and CMLA options have made changes including external managers for nearly 45 options. The changes are effective April 2021 and apply to 19 products available via Colonial Super Retirement Fund and other products issued ...

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Three in four superannuation funds reported negative net earnings last year, after accounting for all expenses and income. About 109 superannuation funds had a negative year, while only 33 had a positive year, according to APRA's fund-level data for ...
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