June wrap-up: What’s new on CFS Edge

IDPS in-specie transfer to super: 

• We’ve updated the Asset Transfers Out and Asset Transfers In tool so you can use it to complete an IDPS transfer to super in CFS Edge. 
• This means you don’t need to sell down investments to transfer into super and holdings will be transferred faster .
• You can find a guide to this process in the Need Help menu in CFS Edge.

Access enhanced reporting: 

• You can now generate reports more easily by quickly selecting at account, client, or family group level. There's also an improved date range selector.
• For family groups and clients with multiple accounts, you can generate consolidated reporting including portfolio valuation, asset allocation, fees and performance.
• We’ve also improved the layout of some reports, including presenting more information on each page.  
• Enhancing client reporting remains a priority area with more improvements planned later this year.

Client notification alerts: 

• For clients with the daily default alert frequency in place, daily email and/or SMS alerts will now cease after seven days. If the client logs into CFS Edge and marks the notification as Read before then, the alerts will cease.
• We've also made some design changes to improve the look and feel of the email alerts, including reducing the terms and conditions wording in the footer.

You can now keep the same password for 12 months: 

• We’ve extended the CFS Edge password expiry period, so you and your clients only need to create a new login password every 12 months instead of every 3 months.

Access wholesale term deposits: 

• We’ve made NAB wholesale term deposits available on CFS Edge.
• We’ve resolved an issue related to term deposit rates which are now visible 24/7, so you can view and buy term deposits at any time. 

More choice and flexibility on managed accounts: 

• Signature menu additions: We’ve added the Sandstone Income Portfolio, managed by MST Financial, to the CFS Edge platform. The portfolio offers professionally managed exposure to a diverse mix of credit and income assets with active oversight from MST Financial’s experienced team.
• Switches and transfers: You can now view source and destination accounts and choose from dollar or percentage values when creating an intra-transfer transaction.
• Rebalancing exclusion: You can now pause clients’ managed accounts from being rebalanced in CFS Edge, reducing the risk of delays to functions such as super account transfers.
• Performance history: The new monthly performance bulletin for managed accounts on CFS Edge is now available, located top right.

Click to chat update: 

• We’ve implemented an update to Click to Chat to improve availability of this popular communication channel.

Actioning insights from advisers and developing core features on CFS Edge remains our #1 priority, with more enhancements to come through the second half of the calendar year.

If you have any questions or would like more information a bout these enhancements, please contact your local Business Development Team or call us on 1300 769 619, Monday to Friday, 8:30am - 6pm Sydney time.