A new cash account provider

We're delighted to announce we will be working with Macquarie – a leading provider of adviser-focused cash management solutions – to provide an integrated settlement cash account for you and your clients. Securing an alternate cash account provider has been a priority for us, and we’ve been working closely with Macquarie on a formal distribution arrangement since we communicated CommSec’s intent for a long term withdrawal of the CommBank Accelerator Cash Account (ACA).

Those of you who currently use the ACA product will have received a notification of this change in November. As a reminder, CommSec will be grandfathering the ACA from 30 June 2021, with adviser access remaining until March 2022. With details of our new arrangement with Macquarie being finalised, what you can expect in the coming months is an integrated account opening process with cash balances on the website.

Stay tuned for more details on how we’ll support you and your clients through the transition. Until then, if you have any questions please contact your Business Development Manager or call our Adviser Services Team on 1800 252 351, between 8:30am and 5:30pm (Sydney time), Monday to Friday.

Latest update on the AUSIEX business

We’re excited to announce we will launch our new business on Monday 3 May. Find out more by taking a look at our dedicated support microsite.