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Time to enjoy

Time to enjoy     

When you receive your Annual Statement, it’s the perfect time to do a health check on your super or allocated pension account, as well as looking over the rest of your financial situation. To make your money work best for you, you need to make sure your funds are invested in the right investment option […]

Time to enjoy     

It’s natural to want the best possible retirement for yourself. For many Australians, that means managing the complex relationship between superannuation and the Age Pension. In this article, Industry Super Australia explains what happens when you take a super lump sum when you retire. Since its introduction in 1992, Australia’s superannuation system has undergone many […]

Time to enjoy     

Are you keeping your super safe from scammers? If you are still working and making contributions to your super account, you need to be aware of a new rort around early release of super, which in many cases is illegal. The Australian Taxation Office (ATO) is warning that con artists are promoting schemes that encourage […]

Time to enjoy     

First Super was delighted with its crediting rates for the 2017/18 financial year, which were made public in July. The returns showed another year of strong investment performance for our members. Investment returns The Balanced option (our default MySuper option) returned an impressive 10.68 per cent for the year. Our Growth option returned a solid […]

First Super CEO Bill Watson gives a summary and his thoughts of the recent Financial Services Royal Commission hearings into superannuation funds. “The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has uncovered constant and ongoing misconduct and conduct falling below community standards and expectations over many years by retail superannuation […]

How good is tax time? In exchange for a few hours filling out your tax return, you could receive a handy windfall into your bank account. And with a bit of planning, you could make the ATO’s refund go a lot further. Receiving any lump sum of cash can make treating yourself tempting. But there’s […]

Statements coming soon

You will soon receive your 2017/18 Annual Statement in the mail, in addition to your e-statement if you have selected that option. Once you receive your statement, take a few moments to check the following: • Are all your personal and contact details correct? • Do we have your Tax File Number? • Have you […]

Time to enjoy     Time to invest     

Follow one simple step to keep holiday spending under control. The colder months are upon us, which means plenty of Australians will be embarking on some budget travel. Making plans and preparations for an overseas holiday is all part of the fun. But all too often good financial hygiene flies out the window when we’re travelling, […]