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Home News

CFS outlines platform ‘roadmap’

Colonial First State (CFS) has outlined several items in its future platform development “roadmap” to help support advisers and their SMSF clients.

by Reporter
May 13, 2014
in News
Reading Time: 1 min read
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“[These] include an integrated cash offering, platform-linked SMSF administration and improved online investor reporting and functionality,” CFS said in a statement late last week.

CFS also announced it was awarded several accolades in the recent Investment Trends December 2013 Platform Benchmarking Report.

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The CFS FirstWrap platform was awarded ‘best platform overall’, ‘best navigation and user interface’ and ‘best product offering’, according to the announcement.

Also, the CFS FirstChoice platform was awarded ‘best master trust’ and ‘best reporting tools’.

“From a consumer’s perspective, the need for great advice has never been stronger. Australia has a complicated superannuation, taxation, and social security system which is almost impossible for individual investors to navigate without assistance,” the CFS statement said.

“Supporting advisers in growing their business and increasing business efficiency is an absolute focus for us.”

Tags: News

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SMSF Adviser is the authoritative source of news, opinions and market intelligence for Australia’s SMSF sector. The SMSF sector now represents more than one million members and approximately one third of Australia's superannuation savings. Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.

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