Latest News
Member CEO update – December 2022
December 15th, 2022
When we say we put members first, we’re not only talking about the money. Our size means we have the best of both worlds. First Super manages about $3.6 billion in retirement savings, so we’re big enough to perform strongly, but small enough to support our members with personal, tailored services. I’m also really proud […]
Monthly investment update – May 2022
July 1st, 2022
Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. The big picture Since late January 2022, share markets have experienced considerable volatility. These sharp, sudden drops were reactions to increasing inflation in the US and other economies. If we look back to April 2021, inflation already […]
First Super a top 10 super fund
April 4th, 2022
That’s according to superannuation regulator APRA’s (Australian Prudential Regulation Authority) annual performance test, which measures super fund performance and holds underperforming funds to account. First Super passed the 2021 test with flying colours. In fact, our default MySuper product (the Balanced option) scored in the top 10 of the 80 funds that were tested. Isn’t […]
The Federal Budget 2022
March 31st, 2022
What does it mean for your super and pension? There were no big surprises for the super industry in this year’s federal budget. Super and pension members can expect to see the following changes (which were originally proposed in 2021) start coming into effect from 1 July 2022. Superannuation and retirement First Home Super Saver […]
Investment update: Russia and Ukraine crisis
March 15th, 2022
The ongoing events in Ukraine are deeply concerning, and we are hoping for a peaceful and swift resolution to the war. In the meantime, as investors responsible for your retirement savings, we are closely monitoring the situation and its impact on share markets. As you may be aware, this year has already been volatile for […]
Our pension investment strategy has changed. Here’s what’s different – and why
December 22nd, 2021
At First Super, we offer members a choice of five investment options, so you can find an option (or a combination of options) that suits your personal goals – including how much risk you’re willing to take on to get the return you’re after. Recently, we made changes to three of these options. Here’s what’s different. We’ve increased […]
Our investment strategy has changed. Here’s what’s different – and why
December 20th, 2021
At First Super, we offer members a choice of five investment options, so you can find an option (or a combination of options) that suits your personal goals – including how much risk you’re willing to take on to get the return you’re after. Recently, we made changes to three of these options. Here’s what’s different. We’ve increased […]
We’ve changed the names of our insurance occupation categories. Here’s what it means for you
December 20th, 2021
At First Super, we offer members Death, TPD and Income Protection insurance in partnership with our insurer, MetLife. There are a range of factors that come into play when determining what premiums (or rates) members should pay for their cover. One of these factors is the job you do. To make it easier for […]