CBA Pension

As one of Australia's "Big Four" banks, the Commonwealth Bank offers a range of financial services, including superannuation (pension) products for retirement savings. A key offering is "Essential Super," which is designed as a straightforward, low-cost superannuation solution for its banking customers. Historically, CBA's wealth management and superannuation arm was Colonial First State (CFS). While CBA sold a majority stake in CFS in 2021, it continues to distribute and brand superannuation products like Essential Super, which are administered by CFS entities, leveraging its vast customer network to provide integrated banking and retirement savings solutions.