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Time to think ahead

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 […]

Are you keeping your super safe from scammers? The Australian Taxation Office (ATO) is warning of a new type of rort around early release of super, which in many cases is illegal. The ATO says that con artists are promoting schemes that encourage people to access their super savings early to help them to buy […]

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. No matter your age, it’s important to make sure your super savings are invested in the right option for your circumstances. And if you’re not sure where to start, […]

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. The Balanced option (our default MySuper option) returned an impressive 10.68 per cent for the year. Our Growth option returned a solid 11.90 per […]

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 […]

The government has made a number of changes to superannuation this financial year, which are designed to improve the system for all Australians. While these changes may not affect you now, it’s important to be aware of them should your circumstances change in the future. Recent major changes to the super system include: changes to […]

Three out of four Australians believe a stylish home is the key to personal fulfilment. Do you aim to make your home Instagram worthy? Dream of having a lounge room that would sit proudly on Pinterest home decor? If you answered “yes” to these questions, you could be among the 76% of Australians who say […]