As part of our ongoing commitment to delivering better outcomes for our members we will be transferring the benefits of members in the Colonial First State Personal Pension Plan (Personal Pension Plan) to a more contemporary product - FirstChoice Wholesale Pension (FirstChoice).
This transfer will take place on 3 October 2021 and will provide members with at least equivalent benefits to their Personal Pension Plan account. Their investment options will be matched and transferred free of transaction costs to equivalent or corresponding options in their new FirstChoice account. This new account will give members access to more features and choices, including a menu of over 130 investment options.
Please refer to the flyer for more information.
Colonial First State Investments Limited ABN 98 002 348 352, AFSL232468 (Colonial First State) is the issuer of FirstChoice Wholesale Investments and FirstChoice Investments. Commonwealth Bank of Australia ABN 48 123 123 124, AFSL234945 (the Bank) is the issuer, and Colonial First State is the administrator, of FirstRate Saver and FirstRate Term Deposits. Colonial First State is a wholly owned subsidiary of the Bank. The Bank and its subsidiaries do not guarantee the performance of FirstChoice or the repayment of capital by FirstChoice. This document may include general advice but does not take into account your individual objectives, financial situation or needs. 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. The PDS and FSG can be obtained from colonialfirststate.com.au or by calling us on 13 13 36.