CFS FirstChoice Employer Super reaches milestone
Around 14 years' after its launch, Colonial First State FirstChoice Employer Super has reached a milestone.
Colonial First State announced this week that FirstChoice Employer Super had hit the $10 billion funds under management (FUM) milestone.
Commenting on the achievement, Colonial First State head of corporate superannuation, John Anderson, said it was a reflection of the high level of investment choice and service offered by the fund to Australian employers and their employees.
"FirstChoice Employer Super offers one of the most extensive investment menus in Australia that caters to different types of investors — from those who prefer the simplicity of low cost and automated strategy, to those who enjoy taking a more active role in managing their super," he said.
"Over the years the fund has gone from strength to strength maintaining its high ratings. We have added new investment options, introduced attractive insurance features, value-adding member benefits and tailored pricing options."
Recommended for you
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
