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FirstChoice

FirstChoice

Wholesale

Wholesale

 

This year we’re more determined than ever to give you the market-leading platforms that make it easy for you to do business.

From June 2019, you’ll see a range of improvements and fee reductions for FirstChoice Wholesale.

 

What's Changing?

Lower Fees through new fee rebates

Fees for FirstChoice Wholesale Personal Super and Pension clients with a balance of $200,000 will reduce by $90 pa#.

NEW FEE REBATES ON FIRSTCHOICE WHOLESALE - JUNE 2019
How does FirstChoice Wholesale compare?

We compared a managed investments portfolio on FirstChoice Wholesale with six other retail platform providers.

We chose a portfolio of 13 comparable popular investment funds available across a range of platforms and compared the total fees in each product. We asked Chant West to independently review the results and they are shown below:

COMPARSION - Total fees and costs % PA*

*As at 19 March 2019. For further information about this comparison please see below disclaimer.

Low-Cost Index Options

We’ve heard your feedback about providing a better range of low-cost investments to clients, so from June 2019 we’re adding three new Colonial First State low-cost index options to the FirstChoice Wholesale menu.

Clients will have a choice of Conservative, Diversified and Growth options, all with a low all-inclusive fee, allowing clients to access a diverse range of assets and keep the cost of investing down.

NEW LOW-COST INDEX OPTIONS ON FIRSTCHOICE WHOLESALE


We’re also reducing the cost of the existing Colonial First State Single-Sector index options on FirstChoice Wholesale– with investment fees reduced to be priced similarly to the three new index options.

Re-priced Single Sector index options on FirstChoice Wholesale

Better Outcomes for Clients

It's not just our costs that we’re reducing. We’ll soon be introducing a new-look on FirstNet for members and we’ll be making some enhancements to the switch functionality and client review reporting available on FirstNet for advisers.

Support and Tools

We’re committed to providing you with ongoing support and tools to help you better manage your business and assist your clients.

We've developed some tools to help educate your aging clients about financial abuse and explain how they can keep their finances safe.

Furthermore, with an increase in cyber-crime incidents, staying safe online is becoming more prevalent amongst businesses and customers. We’ve put together some materials so you can stay informed and think about what you may need to do to help keep your business, staff and clients protected.
 

WANT MORE INFORMATION?

Contact us

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