Time to invest
First Super a “fit cat”
November 19th, 2018
Fund manager Stockspot has just published its Fat Cat Funds Report 2018 – its sixth annual assessment of superannuation funds. This review looks at the performance of Australia’s largest super funds to help Australians understand the factors that matter most when choosing a fund, and to draw attention to the impact of high fees on […]
How to review your insurance inside super
November 15th, 2018
As you will have received this year’s Annual Member Statement, it’s the ideal time to check your level of insurance cover and that it still suits your own particular situation. Life insurance can provide cover for death, total and permanent disablement (TPD), and income protection in the event of injury or illness, providing valuable protection […]
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 […]
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 […]
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 […]
Is your super working hard enough for you?
August 31st, 2018
When you receive your Annual Statement, it’s the perfect time to do a health check on your super account and the rest of your financial situation. What you need to think about At this stage of your life and career, being invested in the right option for your circumstances is so important. You need to […]
From the CEO: the Royal Commission shows bank funds aren’t super
August 31st, 2018
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 […]
Save or splurge? Putting your tax refund to good use
August 31st, 2018
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 […]