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Showing 1 - 10 of 82 results for "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 ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
... Superannuation Master Fund. The trustees of the fund, Netwealth Superannuation Services (NSS) and Netwealth Investments Limited (NIL), will now face ASIC in court after admitting it "did not assess sufficient information about the First Guardian Master ...

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 ...

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... Australia. This is expected to be complete in November 2025. It also announced the sale of Australian Unity Investments Limited (AUIL), the responsible entity of the Australian Unity Property Income Fund (PIF), to Newmark Capital. Despite the positive ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
Australian Unity has agreed to sell Australian Unity Investments Limited (AUIL), the responsible entity of the Australian Unity Property Income Fund (PIF), to Newmark Capital (Newmark). The transaction includes the transfer of management rights for ...

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 ...

Don't discount Vietnam: Dragon Capital

CHLOE WALKER  |  MONDAY, 22 MAY 2023
... Dragon Capital. Dragon Capital, which manages the largest and oldest Vietnam-focused fund, Vietnam Enterprise Investments Limited (VEIL), says the size of the Vietnam stock market is now around $374 billion, and in terms of the liquidity, the turnover ...

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 ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... property fund after it failed to meet target market determination (TMD) requirements. Australasian Property Investments Limited (APIL) is the most recent fund manager to be detected by the regulator. The order will prevent APIL from offering or distributing ...

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 ...
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