Is Colonial First State a taxed super fund?

Is Colonial First State a taxed super fund?

Tax on your Colonial First State pension When you purchase a super income stream from us, we’ll calculate the percentage of your super money which will be taxable. Our calculation will be based on the types of contributions you’ve made over the years.

What type of fund is Colonial First State?

Colonial First State (CFS), established in 1873 as the Colonial Mutual Life Assurance Society (CML), is an Australian wealth management group that provides investment, superannuation and retirement products to individuals and corporate and superannuation fund investors.

Who is the trustee for Colonial First State?

Commonwealth Bank of Australia
The trustee and the insurer are subsidiaries of the ultimate holding company Commonwealth Bank of Australia ABN 48 123 123 124 AFS Licence 234945 (‘the Bank’).

How do I pay into Colonial First State Super?

Superannuation

  1. Step 1 – Login to your bank’s website or call your bank’s phone service and select the BPay® option to transfer money.
  2. Step 2 – Enter the amount you wish to transfer to your Colonial First State superannuation account.

How do I withdraw money from Colonial First State?

To withdraw money from a Super account. Give us a call on 13 13 36 and our team will help you (you’ll need to meet a condition of release).

Who owns Colonial First State Super Fund?

CBA has owned Colonial for the past two decades, and CBA chief executive Matt Comyn said the completion of the sale was a key milestone for the bank.

Is colonial first state authorised to issue the firstchoice personal super PDS?

The issue of the FirstChoice Personal Super PDS is authorised solely by Colonial First State. Apart from Colonial First State, neither the Bank nor any of its subsidiaries are responsible for any statement or information contained within the PDS relating to FirstChoice Personal Super.

Who is Colonial First State Investments Limited?

Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the issuer of the FirstChoice range of super and pension products from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557.

Are firstchoice product disclosure statements (PDS) now available?

FirstChoice product disclosure statements (PDS), dated 30 November 2020 are now available. Changes to the product disclosure statements We’ve outlined the changes made to the FirstChoice PDS, you can download the relevant Changes brochure below. FirstChoice Personal Super, Pension and Investments

What is the assessment of firstchoice personal super?

Super. This assessment is based on the matters assessed and also factors in anything relevant within the business or externally. The assessment of the key outcomes of this product demonstrate that we are actively promoting the financial interests of our members in FirstChoice Personal Super.

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