We are increasing the fees of the FirstRate Saver and Cash options by 0.01% pa from 7 June 2023 as follows:

Products
Investment option
Current administration fee (pa)
New administration fee (pa)
Products
FirstChoice Wholesale Super
Investment option
FirstChoice Wholesale Super

FirstRate Wholesale Saver

Current administration fee (pa)
FirstChoice Wholesale Super

0.49%

New administration fee (pa)
FirstChoice Wholesale Super

0.50% 

Products
FirstChoice Wholesale Pension
Investment option
FirstChoice Wholesale Pension

FirstRate Cash (Non-Auto-rebalancing)

Current administration fee (pa)
FirstChoice Wholesale Pension

0.49%

New administration fee (pa)
FirstChoice Wholesale Pension

0.50%

Products
FirstChoice Wholesale Pension
Investment option
FirstChoice Wholesale Pension

FirstRate Wholesale TTR Saver

Current administration fee (pa)
FirstChoice Wholesale Pension

0.49%

New administration fee (pa)
FirstChoice Wholesale Pension

0.50%

Products
FirstChoice Wholesale Pension
Investment option
FirstChoice Wholesale Pension

FirstRate Wholesale Saver

Current administration fee (pa)
FirstChoice Wholesale Pension

0.49%

New administration fee (pa)
FirstChoice Wholesale Pension

0.50% 

Products
FirstChoice Employer
Investment option
FirstChoice Employer

FirstRate Saver Select

Current administration fee (pa)
FirstChoice Employer

0.49%

New administration fee (pa)
FirstChoice Employer

0.50%

We’re here to help

 

For more information about these changes, please refer to the relevant PDS, speak to a financial adviser if you have one, or call us on 13 13 36, 8:30am to 6pm Monday to Friday Sydney time. 

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Disclaimer

 

Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 and issuer of FirstChoice range of super and pension products. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments and FirstChoice Wholesale Investments.

 

Information on this webpage is provided by AIL and CFSIL. It may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You can find the target market determinations (TMD) for our financial products at  https://www.cfs.com.au/tmd which include a description of who a financial product might suit. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) carefully, assess whether the information is appropriate for you, and consider talking to a financial adviser before making an investment decision. You can get the PDS and FSG at www.cfs.com.au or by calling us on 13 13 36.