Our Member Services contact centre will be closed from 12pm Wednesday 18 December and re-open 8am Thursday 19 December. During this time, you can leave a message with your contact details and we will call you back.
February 4th, 2021
Academics and industry insiders have again urged the federal government to go ahead with the legislated increases in the superannuation guarantee (SG), arguing that most balances are inadequate to fund a decent retirement. In a recent opinion piece for The Australian Financial Review, the minister responsible for superannuation, Senator Jane Hume, reignited the debate by […]
December 15th, 2020
You’re never too young or too old for some quality advice about your super. But sometimes it’s not easy to know where to start – or even what to ask. To give you a better understanding of the advice services we offer, here’s a breakdown of some of the topics we help our members tackle. […]
Looking to contribute extra to your super but not sure how to go about it? One of the easiest ways to boost your balance is by “sacrificing” part of your salary into super. Salary sacrifice is where you give up (sacrifice) part of your pre-tax pay to make additional contributions to your super account. Your […]
November 16th, 2020
Freezing the superannuation guarantee (SG) in 2014 failed to deliver higher wages for workers and could cost the average full-time worker $45,000 at retirement, according to new research. Months after Prime Minister Scott Morrison said he would “carefully consider” whether to go ahead with the legislated plan to lift the SG as scheduled in July 2021, Industry […]
November 13th, 2020
Australia’s superannuation system has dropped to fourth place in the annual Mercer CFA Institute Global Pension Index. It was edged off the podium by newcomer Israel, and trailed the Netherlands and Denmark in first and second places. While Australia still earned a respectable ‘B’ on its report card, the economic fallout of COVID-19 has added […]
November 4th, 2020
First Super has won two 2020 Australian Marketing Institute (AMI) awards at a virtual award ceremony. In its 39th year, the awards for “Marketing Excellence” celebrate individuals and organisations Australia-wide who demonstrate success through innovative and effective marketing. First Super was the recipient of two state awards for its “Don’t be crazy! Find your lost super” […]
October 12th, 2020
With last Tuesday’s Federal Budget, the Government looked to tackle the economic impacts of the coronavirus, bringing forward proposed income tax cuts and introducing a new wage subsidy. Somewhat unexpectedly, a package of superannuation reforms was also included. The “Your Future, Your Super” reforms could see members being “stapled” to one super fund for life. […]
September 24th, 2020
Saving and paying down debt have become national pastimes as Australia enters its first recession in nearly three decades. Amid revelations of a record economic contraction, household spending fell by $35.2 billion in the three months to June 30 while household savings rose by a whopping $42 billion. Fitzpatricks Private Wealth certified financial planner Randall Stout said […]
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