text size
  • -
  • =
  • text size
  • +

Time to think ahead

Time to enjoy     Time to invest     Time to think ahead     News & Media     

Research shows strengths of not-for-profit super

February 27th, 2019

Not-for-profit superannuation funds have higher returns than retail bank-owned funds over time while also being less risky, new research from Chant West has shown. Not-for-profit funds, which include industry, public sector and corporate funds, have produced average returns over 15 years for the growth option (61-80 per cent growth assets) of 7.8 per cent. Retail funds meanwhile […]

Time to enjoy     Time to invest     Time to think ahead     News & Media     

Investment update

February 27th, 2019

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 […]

Time to enjoy     Time to invest     Time to think ahead     News & Media     

Government takes action on inactive accounts

February 27th, 2019

Parliament passed new laws relating to superannuation in February, which will affect members who have inactive super accounts. The Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 looks to automatically consolidate (or combine) inactive low-balance members’ balances through the Australian Taxation Office (ATO) to prevent their savings from being eaten into by fees or other […]

Time to think ahead     News & Media     

Five signs you could be saving more

November 15th, 2018

If you’ve got nagging doubts that you could be saving more, then you’re not alone. Industry super fund-owned bank ME highlights five red flags that suggest it could be time to start squirreling away a little more, with tips to boost your savings. 1. You’re living payday to payday Who doesn’t love payday? But if […]

Time to think ahead     

How to review your insurance inside super

November 15th, 2018

Did you receive this year’s Annual Member Statement and drop it, unopened, into a drawer? Well, go get it out and open it up, as now is the ideal time to check that your insurance cover matches your needs. Your insurance cover Life insurance can provide cover for death, total and permanent disablement (TPD), and […]

EmployersFIRST     Time to invest     Time to think ahead     News & Media     

AFCA: The acronym all Australian consumers should know

November 15th, 2018

A new independent body has been established to help consumers seek justice if they believe they have been treated unfairly by banks, insurers and other financial services providers. The Australian Financial Complaints Authority (AFCA), a new “one-stop shop” for Australian consumers to resolve problems with various providers, launched on 1 November. The Government first proposed […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

Member AGM 2018

November 8th, 2018

Members and employers heard about First Super’s strong 2017/18 performance at its AGM (annual general meeting) in Sydney on 31 October. This year’s event location, Parramatta, was chosen as it’s central to one of the heartlands of Fund members and industries in New South Wales. First Super CEO Bill Watson gave the main presentation of […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

Annual Report reviews strong year for First Super

November 8th, 2018

First Super has just released its 2017/18 Annual Report. The publication marks 10 years since the Furniture Industry Retirement Superannuation Trust, the Pulp & Paper Workers’ Superannuation Fund and the Timber Industry Super Scheme merged in July 2008 to become First Super. Inside this year’s report, you’ll find highlights of the year, an overview of […]