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February 26th, 2020
From 1 April 2020, two of the fees we charge for administering your super account are changing. The administration fee for accumulation members only will rise on 1 April from $1.50 to $2.25 per week. The asset fee is also increasing from 0.05% a year to 0.18% a year. This is the first rise in […]
With share markets mainly buoyant in the first half of 2019/20, First Super’s investment options fared well, with our Balanced option – in which most members are invested – achieving 3.59% for the six–month period. The 2019/20 financial year got off to a positive start in July with interest rate cuts in major economies, including Australia and, for the first time in […]
2020 isn’t just a new year, it’s the start of a new decade, and what better time to set some fresh financial goals? Here are the top five money resolutions for Australians in 2020 – as discovered by industry super fund-owned bank ME research – plus tips to beat the barriers that could stop you […]
Now that our six-month investment returns have been confirmed, the 2019/20 mid-year statements have been produced and are scheduled to arrive in mailboxes by 1 March. This statement provides an overview of your super balance, contributions and investment returns as they stood at the halfway point of the financial year. In your statement pack, you’ll […]
December 17th, 2019
Australians spent around $50 billion[1] in the lead-up to Christmas last year, which means there is plenty of room to save. Here are six tips from ME on how to enjoy the fun and festivity without a New Year financial hangover. 1. Plan ahead Lists go hand in hand with Christmas, and they’re not always […]
We need to share another important update on new Federal Government laws that came into effect from 1 November 2019 and which may impact you if you have insurance inside super with us or any other fund. Super account balance below $6,000? Your cover is at risk of being cancelled on 1 April 2020. Like […]
The Fund’s 2018/19 Annual Report is available online, with in-depth details on the Fund’s financials and governance. This year’s report includes: an ‘at a glance’ summary of the Fund’s deliverables during 2018/19 in-depth information and features on the Board, Executive and other individuals who take care of your Fund a breakdown of the Fund’s financials […]
First Super welcomed members and other stakeholders from across the country to its Annual Members’ Meeting on Tuesday 19 November. The Fund hosted live events at the Jasper Hotel in Melbourne and the Traralgon Greyhound Racing Club. For the first time, the event was also live streamed, so that members unable to attend in person […]
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