OSF becomes Commonwealth Bank Group Super
After decades being called the Officers' Superannuation Fund, the Commonwealth Bank's corporate superannuation scheme has rebranded to Commonwealth Bank Group Super.
The big banking group announced the rebranding of the corporate fund this week, saying it was aimed at delivering stronger awareness and better engagement with members.
Commenting on the move, Commonwealth Bank Group Super trustee board chair Neil Cochrane said rebranding the fund was an important part of its strategy to maximise opportunities to support members in achieving their goals.
Commonwealth Bank Group Super chief executive Doug Carmichael said a key driver for the change was also about aligning the fund with the Bank's strong brand.
"We are clearly highlighting to members who we are, what we do, and where we come from. But more importantly, the rebrand is about ensuring we deliver on our commitment to better interact with our members, to better inform and educate, and to better help members make the right choices for their retirement lifestyle," he said.
Commonwealth Bank Group Super is one of the largest corporate funds in Australia, with over 67,000 members.
Membership is available to current employees of the Commonwealth Bank (and Associated Employers), former employees who retain membership after leaving employment with the Bank and spouses of members.
Recommended for you
Rising advice fees has prompted Radar Results to increase its price guide to a minimum of $3,000 per client to reflect the changing shape of the adviser landscape.
Investment consultancy Ascalon Capital has appointed a new partner, who joins from 20 years at Zenith Investment Partners, as well as a new chief executive amid a “bold new chapter” for the firm.
Despite the perception that short-term market events shouldn’t affect portfolio decisions, Praemium research finds 60 per cent of advisers have made portfolio changes in response to US President Donald Trump’s decisions.
International advice group Findex has appointed a senior individual to spearhead its M&A and growth operations across Australia and New Zealand, seeking to make the brand a household name.
