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September 9th, 2019
The super regulator’s recent review of super fund performance named First Super as sixth out of 85 providers, as industry super funds continue to lead the market. Industry Super Australia (ISA) has used latest figures from the super industry regulator to rank the country’s 60 registered MySuper products – and First Super made the top […]
June 6th, 2019
From 1 July 2019, employers with fewer than 20 employees will have to comply with real-time reporting of wage and super information to the ATO through ‘Single Touch Payroll’ (STP). As of this date, these smaller employers must use payroll or accounting software that offers STP to send their employees’ tax and super information to […]
The super contributions you make for your employees are one of the most valuable benefits they receive. But are they making the most of these savings? When it comes to super, there are a few easy ways that can help people stay on track with their retirement savings. Below are four quick tips for checking […]
After several years at our North Melbourne office, First Super is moving to new premises on Friday 7 June. As the relocation will involve all employees across the Trustee office, the administrator and our contact centre, we have had to prepare for some disruption to service. Please note that from 12.00 noon on Friday 7 […]
June 3rd, 2019
After a volatile first half of the 2018/19 financial year, investment returns between 1 January and 30 April 2019 have boosted your Fund’s performance. Volatility in Australian and international share markets between October and December 2018 meant that First Super’s investments – like those of other super funds – posted negative returns. Since then, the […]
March 5th, 2019
Underperforming superannuation funds will face the chop following the election, with Labor and the Coalition pledging to increase the powers of the regulator, the Australian Prudential Regulation Authority (APRA), if they form government. Shutting down poor performers was put firmly on the agenda recently, when the Productivity Commission said low performers were costing their members […]
January 2019’s investment returns provided a welcome boost to our Fund’s performance after a volatile period for share markets. The 2018/19 financial year got off to a positive start. Then followed volatility in Australian and international share markets between October and December 2018, which meant that First Super’s investments – like those of other super […]
March 4th, 2019
New legislation has passed that aims to help ensure small businesses meet their legal obligation to pay superannuation for their workers through real-time reporting. The new law – which will come into force on 1 July 2019 – will mean that employers with fewer than 20 employees will have to comply with real-time reporting of […]
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