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Staying alert to super scammers
August 31st, 2020
The Federal Government’s consumer protection agency, ASIC, is reporting that fraudsters are contacting unsuspecting super members claiming to represent ASIC and offering to help them combine their superannuation accounts. What to look out for ASIC will never call members offering to help with consolidating (rolling in) super, and it doesn’t let anyone else act on its behalf to push financial products or services. So any call, […]
First Super marketing campaigns nominated for excellence
August 31st, 2020
First Super is a finalist in three categories at the 2020 Australian Marketing Institute Awards for Marketing Excellence. The awards, which have been running for almost 40 years, recognise organisations and individuals who have achieved extraordinary success with their marketing practices. The Fund is nominated for the following campaigns and categories: Don’t be crazy! Find your lost super – Loyalty and Retention Don’t be […]
Beware super cold calls
July 28th, 2020
First Super members are urged to be cautious about a new style of cold call offering help with your superannuation. If someone phones you to talk about your superannuation and they are not calling from your super fund, they may not have your best interests at heart. Our Member Services Team has received reports that […]
Temporary early release of super scheme extended
July 28th, 2020
The Australian Government has confirmed that it is extending the application period for the COVID Early Release of Super Scheme. The announcement – part of the Government’s Economic and Fiscal Update (mini-budget) released on Thursday 24 July – will extend the second stage of the scheme from 24 September 2020 to 31 December 2020. The […]
Forestry funding boost to Gippsland and Central West NSW
July 24th, 2020
The Federal Government has announced the creation of two new Regional Forestry Hubs to be created in Gippsland and Central West New South Wales. The $2.2 million funding of the hubs is central to the implementation of the National Forest Industries Plan. Assistant Minister for Forestry and Fisheries Senator Jonno Duniam said the investment would […]
Government prepares to make second household support payment
July 8th, 2020
The Government is scheduled to make its second $750 payment on 10 July as part of its measures to support households to manage the economic impact of the Coronavirus. This payment is expected to be made to around 5 million social security, veteran and other income support recipients and eligible concession card holders. Around half […]
Getting active and staying online webinars
July 8th, 2020
Spotting online scams and connecting to others are the upcoming topics in the “Be connected” webinars that will run next week. Provided the Australian Government’s eSafety Commissioner, the free online workshops aim to help older people improve their computer skills and stay safe online. Australians aged over 55 lost more than $50 million to scammers […]
ATO warns of fines for fraudulent early access of super
July 7th, 2020
Coinciding with the start of stage two of the temporary early release of superannuation scheme, the Australian Taxation Office (ATO) has warned it will fine people who deliberately misuse the system to access their retirement savings early. The ATO published a new COVID-19 early release of super – integrity and compliance webpage last week. This […]