AMP weighs entry into Colonial First State auction; bankers up

Bidders have been told CFS is the second-largest holder of pension accounts in the country and has the most number of advice ...
Money Management

Colonial First State pulls out of NZ

Colonial First State Investmentshas pulled out of New Zealand and transferred responsibility for distributing its funds to fellowCommonwealth Banksubsidiary, Sovereign. A year ago Colonial First State ...
Asset Servicing Times

Australia’s Colonial First State continues partnership with SimCorp

SimCorp is to continue providing fund and data services to the Australian supernannuation and investments platform Colonial First State (CFS), after an agreement to extend the partnership. First ...
Pensions&Investments

ASIC sues CBA, Colonial First State over super fund payments

Australia's financial regulator launched proceedings against Commonwealth Bank of Australia and subsidiary Colonial First State Investments over remuneration relating to a superannuation fund. The ...
Pensions&Investments

KKR to buy 55% of Colonial First State

KKR will buy a majority stake in Commonwealth Bank of Australia's Colonial First State superannuation and retirement business. CBA reached an agreement to sell a 55% stake in CFS to the New York-based ...
Money Management

Colonial First State upgrades platforms

Having just emerged as the highest-ranked provider in the Wealth Insights research into service levels, Colonial First State (CFS) has announced a range of upgrades to its FirstChoice and FirstWrap ...
The Daily Telegraph

Colonial First State CEO vows Edge platform ‘fix’

The group’s owners, private equity giant KKR and Commonwealth Bank, are mulling their options, including a potential exit. CFS launched its next-generation wealth platform, Edge, two years ago and in ...