OSF becomes Commonwealth Bank Group Super
After decades being called the Officers' Superannuation Fund, the Commonwealth Bank's corporate superannuation scheme has rebranded to Commonwealth Bank Group Super.
The big banking group announced the rebranding of the corporate fund this week, saying it was aimed at delivering stronger awareness and better engagement with members.
Commenting on the move, Commonwealth Bank Group Super trustee board chair Neil Cochrane said rebranding the fund was an important part of its strategy to maximise opportunities to support members in achieving their goals.
Commonwealth Bank Group Super chief executive Doug Carmichael said a key driver for the change was also about aligning the fund with the Bank's strong brand.
"We are clearly highlighting to members who we are, what we do, and where we come from. But more importantly, the rebrand is about ensuring we deliver on our commitment to better interact with our members, to better inform and educate, and to better help members make the right choices for their retirement lifestyle," he said.
Commonwealth Bank Group Super is one of the largest corporate funds in Australia, with over 67,000 members.
Membership is available to current employees of the Commonwealth Bank (and Associated Employers), former employees who retain membership after leaving employment with the Bank and spouses of members.
Recommended for you
With Insignia Financial suffering a cyber attack on its Expand platform, this can potentially have a negative impact on the two private equity bids currently in play for the firm.
State Street Global Advisors has made an equity investment in Ethic, a platform helping financial advisers to produce bespoke portfolios, reflecting the greater client demand for customised portfolios.
WT Financial’s new entity with Merchant, Investco, has entered into a heads of agreement to merge three financial advice firms.
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
