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July 18th, 2022
On the 30th Anniversary of Australia’s compulsory superannuation system, First Super has released data showing that its Latrobe Valley members who joined the fund in 1992 have an average account balance of $251,976 – above the national average for superannuation accounts of $106,162*. First Super comes out of the furniture, pulp and paper and timber […]
July 4th, 2022
One in ten members of First Super who joined the fund in 1992 currently have a balance greater than $295,000. And with some of these members as young as 47, some balances at retirement are expected to exceed $1 million. On the 30th anniversary of the introduction of compulsory super payments on wages today, First […]
April 8th, 2021
Superannuation industry leader Michelle Boucher joins First Super this week as Deputy CEO, taking on responsibility for business development and marketing and communications functions. Previously Michelle Boucher worked in executive positions at Cbus Super, between 2013 and earlier this year. Prior to Cbus Michelle worked at Emergency Services and State Super. At Cbus Michelle held […]
February 26th, 2021
A new director and associate director have joined the First Super Board. They commenced their terms on 1 January this year. Anthony Pavey, who has worked for Australian Paper since 2002 and is currently the on-site Secretary of the Maryvale Sub-Branch of the Construction Forestry Maritime Mining and Energy Union (CFMMEU) Pulp & Paper Workers […]
July 1st, 2020
High-performing industry super fund First Super has broadened its public offering with a new exclusive partnership to promote its capacity to accept KiwiSaver transfers for New Zealanders moving to and living in Australia. The agreement is with the respected and well-established firm NZRelo, the premier provider of relocation and migration advice and information for people […]
September 13th, 2019
Australian families will stand to lose nearly $250,000 in retirement savings if the push to cut the super increase by a group of backbench MPs is successful, new analysis reveals. Some Federal backbenchers want the Government to cut the promised increased in super contributions, breaking a key election promise and denying local families the retirement […]
May 30th, 2019
First Super has appointed regional businesswoman Robyn Burns to its board, effective from 1 July 2019. Ms Burns has had a long and successful career as a senior executive at Borg Manufacturing. An accountant by trade, she has overseen the expansion of Borg as it has developed into one of the principal employers on the […]
November 29th, 2018
First Super is celebrating after being named a Gold Winner in Money Magazine’s Best of the Best 2019 awards. The national industry super fund for the furniture and joinery, pulp and paper, and timber sectors won the Best Capital Stable Super Fund category for its Conservative Balanced option. In addition, the Fund scored second place in […]
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