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.
September 20th, 2024
Everyone’s financial journey is different – and no matter what your age or stage of life, there are steps you can take to secure your financial future, starting with your insurance. Check your insurance cover When you first joined First Super, if you met the General Eligibility1 conditions and/or opted into our insurance, you would […]
When an employer chooses a super fund for their workplace, they have to choose one that provides insurance cover to their employees – which means you can access insurance cover through your super fund. How it works As a First Super member, you have access to group insurance rates, which can be a cost-effective alternative […]
September 19th, 2024
Super Basics Superannuation, often referred to as ‘super’, is a long-term savings plan designed to provide you with money to live on when you retire. Your super grows through contributions made by your employer, yourself, or both. The money in your super fund is invested on your behalf by professional investment managers and, typically, the […]
Welcome to the September edition of Members First. I’m pleased to say it’s been another great financial year for our members. In FY23/24, our Balanced (default) option returned 8.87%, which makes it 7.56% over ten years.1 Members can be confident of our long record of strong performance. Financial returns are an important part of the […]
May 24th, 2024
The start of the financial year 2024/25 will see some important changes to super. Here we explain how these changes could affect you, as well as how to make the most of them. Check you are getting paid 11.5% super From 1 July, your employer legally must pay 11.5% of your ordinary time earnings to […]
The financial watchdog ASIC has issued a warning about financial services companies making unsolicited calls offering to review or switch a person’s super into another fund. In some cases, this has resulted in people being pushed into moving their super to higher-risk, lower performing super investments, and charging unnecessary fees, which can reduce your retirement […]
With the end of the financial year approaching, it’s worth checking how you can maximise your super. The good news is, it’s not too late in the tax year to make some changes to boost your retirement savings. Here are some things you can do before June 30. Check your employer is paying compulsory super […]
There has been a lot of debate recently about the purpose of super and the role industry super funds play in our society and economy. Everything from super funds’ role in the housing market to our position as investors has been discussed in the media. A lot of these conversations seem to represent a significant […]
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