Recent events
Recent events tied to this brand in public sources.
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2022
CFS partners with FNZ on a new wrap platform
Colonial First State partnered with FNZ for a new wrap platform that CFS expected to launch by the end of 2022. CFS said FNZ would replace its current solution, which used a mix of technology providers.
2021
Colonial First State fined $20 million over misleading members
Colonial First State was fined $20 million for misleading members in its FirstChoice Fund.
2019
Colonial First State sued over alleged delays moving members to lower-fee products
Colonial First State was sued over allegations that it failed to move members out of high-fee default investment options quickly enough. Maurice Blackburn Lawyers said the delay caused substantial losses to over 100,000 members of its FirstChoice Employer Super fund.