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Showing 1 - 10 of 23 results for "FirstChoice Employer Super"

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... reducing insurance premiums in its super funds, in a move that should benefit 220,000 members. Members of FirstChoice Employer Super, Essential Super, FirstChoice Personal and FirstChoice Wholesale Personal super products will all see their insurance ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

CFS super distribution lead joins Allianz Retire+

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... Thornton joins Allianz Retire+ from Colonial First State where he led the distribution efforts for FirstChoice Employer Super and Commonwealth Bank's Essential Super for three years. He also served as head of distribution strategy and implementation ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... 2020 to let them know grandfathered commissions would be turned off on managed investment funds and FirstChoice Employer Super. AIOFP executive director Peter Johnston told Financial Standard : "We find it bizarre that advisers and consumers must plead ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
Colonial First State has cut fees for about 200,000 members and will close some legacy options in FirstChoice Employer Super, as it simplifies its product line and phases out grandfathered commissions. The changes are across retail products (legacy ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... relates to FirstChoice Personal Super and Pension, FirstChoice Wholesale Personal Super and Pension, FirstChoice Employer Super and Commonwealth Essential Super. To join the class action, consumers must have held life of total and permanent disability ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... in particular. The action alleged CFS's implementation of the MySuper reforms for members of the FirstChoice Employer Super division was slow and the fund breached its duties to members. Maurice Blackburn said CFS failed to exercise the degree of ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... the distribution team apart from the 'handful' of roles impacted by the changes that CFS has made. "FirstChoice Employer Super continues to be an important superannuation offer for over 280,000 members and is the chosen default super fund for more than ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... Fee cuts On April 18, CFS also announced fee reductions to apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They are effective from June. The cuts would save members $68 million in annual fees for 500,000 ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... million in annual fees for 500,000 members. The fee reductions apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They are effective from June. The cuts will deal a $45 million blow to FY20 net profit after ...
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