27/07/2023. Colonial First State Investments Limited (CFSIL) as the Responsible Entity (“RE”) of Colonial First State’s registered Managed Investment Schemes (the “Schemes”) has received approval from the Australian Securities and Investments Commission to appoint KPMG (ABN 51 194 660 183), as the new Scheme auditor for both the Financial Statements and Compliance Plans.
As a result, CFSIL has now accepted the resignation of PricewaterhouseCoopers (ABN 52 780 433 757). The appointment of KPMG was made following a commercial tender process and is effective as of the date of this notice.
Stay informed to help reach your financial goals
CFS Market Update: October 2023
06 Nov 2023
The Reserve Bank of Australia (RBA) lifted interest rates to 4.35%. Meanwhile, the US Federal Reserve and European Central Bank left rates unchanged. Central banks signal ‘higher for longer’ environment. Australian shares trading higher.
The Reserve Bank of Australia (RBA) held interest rates at 4.10% for September, as expected by economists. The markets prepare for the September rate calls from the US Federal Reserve and European Central Bank. China props up its slowdown with drip-feed policies. Australia’s reporting season underscores strong performers.
More than half of Australians under 40 open to financial advice
08 Sep 2023
New research reveals 53% of Australian adults under 40 are open to professional help with their money, but many think they can't afford it. If you’ve been thinking about getting financial advice, here’s what you need to know.
The Reserve Bank of Australia (RBA) announced its twelfth interest rate hike in June, and then chose to hold interest rates in July. China’s slowdown could see stimulus measures introduced and a surprising bull market on Wall Street.
Retirement pensions in Australia – are you across them all?
06 Nov 2023
The government’s Age Pension isn’t the only pension that may support you in retirement. There are others (with benefits) that let you take your super as a regular income after you’ve finished working - and sometimes even before.
What early access to super might cost you in retirement
03 Nov 2023
The higher cost of living is tempting more Australians to think about withdrawing super before they retire. We explain the rules, what it could mean for your super balance, and other options you might have.
How do global events affect my super and investments?
12 Oct 2023
Unique events in other countries can have an impact on market movements. What's the current global landscape, what does this mean for super members and investors, and how does the CFS Investment team prepare for times of uncertainty?
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 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. Past performance is no indication of future performance.