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Showing 1 - 10 of 24 results for "Colonial First State Investments Limited"

CBA updates on class actions, governance review

ELIZA BAVIN | WEDNESDAY, 11 FEB 2026

... two superannuation class actions before the courts. The first was filed in 2018 against Colonial First state Investments Limited (CFSIL) and CBA. The claim related to investment in cash and deposit options in the Colonial First State FirstChoice Superannuation ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON | WEDNESDAY, 5 NOV 2025

... insurance fees. The class action was launched by Shine Lawyers in January 2020 against Colonial First State Investments Limited (CFSIL) and Colonial Mutual Life Assurance Society (CMLA), known as CommInsure and acquired by AIA Australia in 2017. The ...

CFS settles super fees class action

JAMIE WILLIAMSON | FRIDAY, 14 JUL 2023

... one or more management or contribution fees. "In agreeing to resolve the litigation, Colonial First State Investments Limited continues to deny the allegations and makes no admissions of liability or wrongdoing," CFS said. It's the second settlement ...

Super, advice class actions dampen CBA results

KARREN VERGARA | WEDNESDAY, 15 FEB 2023

... as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial First State Investments Limited (CFSIL) kept members from the CFS FirstChoice Fund and Commonwealth Essential Super invested in in-house products. It also ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR | MONDAY, 4 APR 2022

... Blackburn brought the action in October 2019 in the Federal Court (Victoria), against Colonial First State Investments Limited, the trustee of the Colonial First State FirstChoice Superannuation Trust. The lead applicant bringing the claim, Lesley Coatman ...

CFS appoints John Brogden

ELIZABETH MCARTHUR | MONDAY, 17 JAN 2022

... politician John Brogden has taken on a new role with Colonial First State. Acting chair of Colonial First State Investments Limited (CFSIL) and Avanteos Investments Limited (AIL) Greg Cooper announced Brogden will join the boards of CFSIL and AIL as ...

Colonial First State adds to board

KANIKA SOOD | THURSDAY, 5 AUG 2021

Colonial First State Investments Limited and Avanteos Investments Limited have added a former Mercer head of superannuation services to their trustee boards. Jo-Anne Bloch is joining the boards as a non-executive, independent director. She is currently ...

Yarra Capital appoints managing director

ELIZABETH MCARTHUR | FRIDAY, 23 JUL 2021

... digital, technology and 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 ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON | FRIDAY, 12 MAR 2021

... in conflicted remuneration. ASIC first filed against CBA and CFS in June 2020 alleging Colonial First State Investments Limited (CFSIL) paid more than $22 million in conflicted remuneration to CBA to distribute Colonial's Essential Super product ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD | WEDNESDAY, 3 MAR 2021

... Fund. Janus Henderson Global Natural Resources will change to multi-manager global share. Colonial First State Investments Limited had three RSE trustees, about 939,912 accounts and $83 billion in assets at end of June 2020, according to APRA's trustee-level ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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