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Who owns colonial super retirement fund?
CFS is majority owned by an affiliate of Kohlberg Kravis Roberts & Co. L.P. (KKR), with the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (CBA) holding a significant minority interest.
Who owns colonial super?
Commonw… BankKKR & Co. Inc.
Colonial First State/Parent organizations
Is Colonial a good super fund?
Awards won by Colonial First State FirstChoice In recent years Colonial First State FirstChoice has won the following awards: 2021: Best Fund: Longevity Product (Chant West) 2020: Best Fund: Longevity Product (Chant West) 2016: Pension Fund of the year (Chant West)
Is Colonial First State a super fund?
FirstChoice Wholesale Investments provides access to a wide range of managed funds across different asset classes such as shares, fixed interest, property and cash, all in the one place….PRODUCT SNAPSHOT.
| Asset classes | Cash, Fixed Interest, Shares, Property and Infrastructure securities |
|---|---|
| Fund managers | 70+ |
What happened to Colonial Mutual Funds?
On 30 September 2019, Colonial Mutual Superannuation Pty Limited (CMS), retired as Trustee and was replaced by Equity Trustees Superannuation Limited (ETSL) (ABN 50 055 641 757 AFSL No. 229757 RSE Licence L0001458) effective from 1 October 2019.
When did CBA buy Colonial?
2000
Colonial was acquired by Commonwealth Bank in 2000. The Colonial name lives on in the Colonial First State subsidiary of the Commonwealth Bank.
Who is the trustee for Colonial First State?
The Trustee for COLONIAL FIRST STATE-FIRSTCHOICE SUPERANNUATION TRUST 12
| ABN: | 26 458 298 557 View record on ABN Lookup |
|---|---|
| ABN Status: | Active from 09 Mar 2000 |
| Fund type: | APRA Regulated Public Offer Fund |
| Contact details: | L 5 201 SUSSEX ST SYDNEY NSW 2000 |
What is Colonial Mutual called now?
Who is ETSL? On 30 September 2019, Colonial Mutual Superannuation Pty Limited (CMS), retired as Trustee and was replaced by Equity Trustees Superannuation Limited (ETSL) (ABN 50 055 641 757 AFSL No. 229757 RSE Licence L0001458) effective from 1 October 2019.
Who took over Colonial Mutual?
Commonwealth Bank
Who owns Colonial First Choice?
Does Colonial First State Super have exit fees?
EXIT AND CONTRIBUTION FEES REMOVED we will no longer charge exit fees (previously up to 3% for members in nil entry fee options and nil for other entry fee options) from any amounts withdrawn from your account.
How do I access my super Colonial First State?
Log into FirstNet our secure online portal. You’ll need your Member ID (OIN) and password. On your dashboard select your Super or Pension account, then click ‘Document Library’ located at the top. Click on the statement you want to download.
Is Colonial Mutual AIA?
On 1 April 2021 the transfer of CommInsure’s life insurance business in Australia to AIA Australia (AIAA), including The Colonial Mutual Life Assurance Society Ltd (CMLA), took effect.
How has the number of colonial super Retirement fund members changed?
In the 2020 financial year, the number of Colonial Super Retirement Fund members changed by -33%, which places them at 127 of 139 funds in terms of growth. 36% of Colonial Super Retirement Fund’s members are female (compared to an average of 46% across all funds), and 63% are male (compared to an average of 54% across all funds).
How does colonial first state firstchoice Superannuation Trust Rank on a ladder?
In terms of total assets, Colonial First State FirstChoice Superannuation Trust ranks 5 out of 170 funds that provided asset data, with total assets (as at 30 June 2017) of approximately $72,075 million. In terms of fund members, Colonial First State FirstChoice Superannuation Trust ranks 12 largest of 170 funds, with 783,474 members.
What is firstchoice Superannuation Trust?
Colonial First State FirstChoice Superannuation Trust is a Public offer Retail fund (you can find out about the main types of super funds by clicking here ).
What is superannuation preservation and how does it work?
Superannuation is designed to help members accumulate savings for retirement. Due to superannuation preservation laws, you may be restricted from accessing money that you invest until you meet certain conditions, such as reaching age 65.