We’ve introduced a series of changes and enhancements to FirstChoice in our new Product Disclosure Statements (PDSs) on 22 May 2023.
Some of these changes:
- Introduction of asset allocation ranges for MySuper to ensure members are provided with transparency on minimum and maximum limits imposed by the trustee for any future asset allocation changes.
- Changes to the standard risk measures for some Lifestage options.
- Changes to strategy wording, investment objectives, benchmarks, asset allocations and/or standard risk measures for various investment options.
- Adviser Online Transaction Authority is now known as Adviser Transaction Authority and will stay on a client’s account even if they change adviser.
- Removal of the option to use cheques as a payment method.
Some of these changes have been communicated previously.
Would you prefer to chat?
ABN 98 002 348 352 | AFS Licence 232468 Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the issuer of FirstChoice Employer Super offered from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557. This document may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You can find the Target Market Determination (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 1300 654 666. Applications for FirstChoice Employer Super can be made by speaking to your employer or Relationship Manager (RM).