FOLLOW US
Follow us!

We are a proud member of the Financial Services Online network!

Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.

Follow us on social media
Home Loans Australia
Home loan comparison and broker-matching resource
Home Loans Australia :: News
SHARE

Share this news item!

CFS Launches New Advisory Initiative with Viridian

CFS Launches New Advisory Initiative with Viridian

CFS Launches New Advisory Initiative with Viridian?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Colonial First State (CFS) is reshaping personal finance support by engaging with Viridian Advisory.
This initiative aims to aid FirstChoice superannuation, pension, and investment members seeking guidance without ongoing financial advisement.
The collaboration brings a novel approach to receive one-time, topic-focused advice tailored to individual needs.

Through this arrangement, CFS members have the opportunity to seek advice from Viridian Advisory on a variety of financial matters. Topics range from personal investments and debt management to superannuation, pensions, retirement planning, and navigating Centrelink. This service provides members a way to gain meaningful advice without needing a regular financial adviser.

Customers of CFS FirstChoice can benefit from this service by engaging in modular financial advice sessions. The initial cost for a single module starts at $500, with a combined total cap of $3000, allowing flexibility for clients to select and pay only for the advice they need.

The introduction of this modular advisory service addresses the growing demand for affordable financial guidance among the CFS member base. According to the organization, Viridian Advisory was selected due to their expansive reach, scalability, and enthusiasm to develop a targeted, cost-effective advising model for CFS members.

CFS is contemplating future expansions to this model by teaming up with additional licensees as the demand for advisory services rises. This partnership is one of many initiatives by CFS to ensure their members have diverse access to financial advice.

Beyond partnership with Viridian, CFS has previously collaborated with Otivo to offer self-guided digital financial advisory tools. They also provide the "Find an Adviser" tool to help members connect with the most suitable financial adviser available.

Historically, Viridian has been deeply rooted in professional partnerships and serves as a cornerstone client on the CFS Edge platform, marking a significant step forward in their cooperative efforts since their support of Westpac/BT.

Published:Tuesday, 5th Nov 2024
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Banks Raise Fixed Home Loan Rates in Anticipation of RBA Decision
Australian Banks Raise Fixed Home Loan Rates in Anticipation of RBA Decision
04 Feb 2026: Paige Estritori
In the lead-up to the Reserve Bank of Australia's (RBA) first monetary policy meeting of 2026, major Australian banks have proactively increased their fixed home loan interest rates. This preemptive move reflects expectations of a potential cash rate hike by the RBA, aiming to curb persistent inflationary pressures. - read more
APRA Imposes New Cap on High Debt-to-Income Home Loans
APRA Imposes New Cap on High Debt-to-Income Home Loans
04 Feb 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at enhancing financial stability within the housing market. Effective February 1, 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. - read more
Australian Mortgage Market Reaches Record High Amidst Surging Property Prices
Australian Mortgage Market Reaches Record High Amidst Surging Property Prices
04 Feb 2026: Paige Estritori
In November 2025, Australia's mortgage market achieved a new milestone, with the total value of residential mortgages reaching $2.41 trillion. This record-breaking figure reflects a 0.67% increase from the previous month and a 6.36% rise over the past year, as reported by the Australian Prudential Regulation Authority (APRA). - read more
Australian Mortgage Market Reaches Record $2.41 Trillion Amid Rising Property Prices
Australian Mortgage Market Reaches Record $2.41 Trillion Amid Rising Property Prices
11 Jan 2026: Paige Estritori
In November 2025, Australia's residential mortgage market achieved a new milestone, with authorised deposit-taking institutions (ADIs) collectively holding $2.41 trillion in home loans. This represents a 0.67% increase over the month and a 6.36% rise over the preceding year, as reported by the Australian Prudential Regulation Authority (APRA). - read more
APRA Implements Cap on High Debt-to-Income Home Loans to Safeguard Financial Stability
APRA Implements Cap on High Debt-to-Income Home Loans to Safeguard Financial Stability
11 Jan 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating emerging risks in the housing market. Effective February 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. This measure applies to both owner-occupier and investor loans, excluding new housing developments. - read more
Click for more Finance News


Home Loans Articles

First-Time Homebuyer? Don't Fall for These Costly Errors!
First-Time Homebuyer? Don't Fall for These Costly Errors!
Buying your first home can be one of the most thrilling experiences of your life. The excitement of searching for the perfect place, imagining yourself in different spaces, and the opportunity to create a home you can truly call your own can be incredibly rewarding. - read more
The Insider’s Guide to Reducing Mortgage Stress and Staying on Track
The Insider’s Guide to Reducing Mortgage Stress and Staying on Track
Mortgage stress is a common concern among homeowners worldwide, with the potential to cause significant financial and emotional strain. It often occurs when mortgage repayments consume a large portion of your income, leaving little room for other expenses and causing anxiety over financial security. The impact of not managing this stress can be far-reaching, affecting not only one's financial health but also overall wellbeing. - read more
Planning for a Better Future: Exploring Refinancing Options for Aussie Homeowners
Planning for a Better Future: Exploring Refinancing Options for Aussie Homeowners
As a homeowner in Australia, it is essential to stay informed about the current mortgage interest rate and inflation situation. This knowledge is crucial for effective financial planning and making informed decisions regarding your home loan. Understanding the impact of rising interest rates on Australian homeowners is particularly important. - read more
Unlocking the Hidden Value of Your Mortgage Offset Account
Unlocking the Hidden Value of Your Mortgage Offset Account
A mortgage offset account is a financial product that allows homeowners to use their savings to reduce the interest charged on their mortgage. It is a transaction account linked to your mortgage, and the balance in this account is offset against your outstanding mortgage balance when calculating interest charges. - read more
Take Back Control: Mortgage Refinance and Debt Consolidation Tips for Aussie Homeowners
Take Back Control: Mortgage Refinance and Debt Consolidation Tips for Aussie Homeowners
As mortgage interest rates continue to rise in Australia, it's becoming more important than ever for homeowners to take control of their finances. This article will provide valuable tips on mortgage refinance and debt consolidation for Aussie homeowners. With the potential for future rate increases by the Reserve Bank of Australia due to inflation concerns, many homeowners are feeling the financial burden. However, by exploring options like refinancing and consolidating debt, homeowners can regain control of their financial situation. - read more


Need Help Finding a Home Loan?
Get your free home loan eligibility assessment and compare offers tailored specifically to your circumstances.
Loan Amount:
Postcode:
All finance quotes are provided free (via our secure server) and without obligation.
We respect your privacy.

Start Here

Get your free Home Loan Eligibility Assessment and compare multiple lender offers via our nation-wide mortgage broker panel.

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.

"Mastering Home Loans: Navigating the Australian Mortgage Market"

FREE DOWNLOAD: Mastering Home Loans: Navigating the Australian Mortgage Market
download it free

Knowledgebase
Debt Consolidation:
Debt consolidation usually involves negotiating a new loan to pay other existing loans in order to get more favourable interest rates and terms.


This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.