Time to invest
First Super makes MySuper Top Ten
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 […]
Don’t panic on investments
September 9th, 2019
Amid concerns about a possible recession, a share markets expert explains why now is not the time to make a panicked decision on your super investment option. Rising talks of a recession, interest rates moving towards negative territory and tumbling stock markets have given people plenty of reason to worry. However, letting the negative data […]
Annual Members’ Meeting 2019
September 9th, 2019
All First Super members are invited to our Annual Members’ Meeting on Tuesday 19 November. Members of the Trustee Board and Executive Management Team will be on hand to provide an update on: how your super fund performed over the past financial year; changes to super legislation; and what’s planned within the Fund for the […]
Keep an eye out for your annual statement
September 9th, 2019
With crediting rates for the Fund confirmed, First Super will soon be sending out your annual member statement. The pack will have full details of your super account, investment performance and insurance benefits for the 2018/19 financial year. During September, you will receive your printed statement in the mail or an e-statement by email if […]
Beat the top five barriers to saving
September 9th, 2019
Just over half of Australians aren’t saving any of their monthly income1, and five key outgoings are the main culprits. A recent survey revealed that everyday bills – rent, home loans, shopping, dining out and socialising; and school/daycare – are Australians’ top five savings barriers2. Industry super fund-owned bank ME reveals what you can do […]
2018/19 crediting rates: delivering strong long-term returns
September 9th, 2019
First Super has again delivered strong long-term results for members. The Balanced (default) super option – in which the majority of members are invested –achieved a return of 6.70% for the 2018/19 financial year, and five and ten-year returns of 8.68% and 8.84% respectively. CEO Bill Watson said that the results were strong given the […]
Investment update: 1 January to 30 April 2019
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 […]
Member Competition: are you a lucky winner?
June 3rd, 2019
More than 2,000 members have updated contact details over the past 3 months to be entered into First Super’s Member Competition. Launched on 1 March 2019, the competition asks members to update their details (email addresses and mobile phone numbers) for the chance to win a $500 Visa Gift Card each month between March and […]