Latest News
Message from the CEO – Royal Commission
August 6th, 2018
“You may have heard or read that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry begins its superannuation-focused hearings in Melbourne on 6 August. First Super has not been called to give evidence at the hearings. “Ahead of the hearings, the Royal Commission asked First Super (along with other financial […]
Small Business Tips For Managing Facebook
June 8th, 2018
So your business is up and running and you’ve set up a Facebook business page account. A few months go by and you’ve barely had a hit. What are you doing wrong? Follow these tips to maximise your exposure, generate followers and potential sales. Tip1: Housekeeping First thing’s first: You need to create a Facebook […]
Super changes that may affect you.
May 14th, 2018
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 […]
The little known truth about aged care
May 14th, 2018
Moving a loved one into aged care can be an emotional time for families. Finding a facility that provides the right balance of care and independence at an affordable cost presents challenges. There are key issues families should be aware of before taking this important step. A well-researched choice will help avoid stress and ease […]
Retirement planning and superannuation in Australia dates back to the early 1900s. As is the case today, initial schemes were established to provide for people in retirement. Fast forward a century and the complexity of superannuation has spawned a whole new industry dedicated to growing and protecting savings wealth for use in later life, or […]
Government crackdown on employers who don’t pay their super
January 31st, 2018
Introduced in 1992, Superannuation Guarantee (SG) – that is, the compulsory superannuation system for Australian employees – remains highly topical more than two decades on. Changes to the super system are constant, and add complexity to the process for the superannuation industry, advisers, and of course employers and employees. Public and parliamentary debate about elements of […]
The sudden interest in interest-only loans
January 31st, 2018
We put interest-only loans under the spotlight to explain the why, when and how this type of loan can be useful. You may be aware that interest-only loans came under the scrutiny of banking watchdog APRA early in 2017. In a bid to take the heat out of the property market and protect consumer interests, […]
Self-managed super – are you protected?
January 31st, 2018
Self-managed super funds (SMSF) have risen in popularity during recent decades as a growing number of Australians opt for greater control over their superannuation, and how it’s invested. However, while SMSFs can offer more direct control over investment strategy, asset selection and portfolio management than some managed superannuation funds, they are not without risks and […]