FirstNet Adviser is changing
We recognise the need to make it easier for you and your clients to interact with us digitally. So we’re designing new ways to help you work smarter, so you and your clients get the most out of your time. This year, you’ll see some changes in FirstNet Adviser in response to your feedback.
New functionality to make switching easier – FirstNet Adviser Modern Beta site
We are committed to investing in new digital and servicing solutions and based on your feedback, we have been improving our FirstNet Adviser modern beta site (modern beta site is our test site for all new functionality). We’re pleased to release new functionality, FirstNet Adviser switch makes it quicker and easier to complete a switch in super and investment accounts. The new features allow you to switch between dollar and percentage values in a single transaction and also offers:
Improved efficiency by removing unnecessary steps
Enhanced summary reporting
Pre-populated information for consent and summary forms
Try it today!
Over the coming month you will experience more functionality such as switch by rebalance for super and investment products and options to align future investment weightings for super and investment products, with functionality coming for pensions soon after.
If you haven’t explored the new design yet click on the explore it today button or click through the banner on the FirstNet Adviser homepage. You can switch between the classic site and modern beta site at any time. Over the coming months you will see enhancements between the intergration of these two sites.
Watching the video to see how simple switching is.
FirstChoice super contribution reports now go back 4 years
The Client Review Report and Client Contribution Report in FirstNet Adviser have been enhanced so you can report on your clients’ super contributions for the current financial year and up to 4 previous financial years. This is to help you monitor your clients’ concessional contributions levels to assist them to take advantage of any unused cap amounts they have accrued since 2018-19
What are FirstNet Adviser’s new contribution reporting features?
- Split contribution information by financial year
- Display the total concessional and total non-concessional contributions made in each financial year
- Separate Government contributions from non-concessional contributions (Client Review report only)
More information about concessional contributions and caps
We have a range of useful resources to help explain super contributions in more detail:
You’ve told us what’s important to you, and we’re continuously building solutions to improve your digital experience with us. We’re working hard to digitise your most common transactions and processes and in the coming months you’ll see interactive forms, real–time processing and digital consent.
Adviser use only
Colonial First State Investments Limited ABN 98 002 348 352, AFSL232468 (Colonial First State) is the issuer of FirstChoice Personal Super, FirstChoice Wholesale Personal Super, FirstChoice Pension, FirstChoice Wholesale Pension, FirstChoice Employer Super offered from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557.
This is based on the understanding of current regulatory requirements and laws as at August 2021. While all care has been taken in the preparation of this document (using sources believed to be reliable and accurate), to the maximum extent permitted by law, no person including Colonial First State or any member of the Commonwealth Bank group of companies, accepts responsibility for any loss suffered by any person arising from reliance on this information. This document provides information for the adviser only and is not to be handed on to any investor. It does not take into account any person’s individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) before making any recommendations to a client. Clients should read the PDS and FSG before making an investment decision and consider talking to a financial adviser. The PDS and FSG can be obtained from colonialfirststate.com.au or by calling us on 13 18 36.