EmployersFIRST
Annual Report reviews strong year for First Super
November 20th, 2018
First Super has 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 who […]
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 […]
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 […]
Annual Statements on their way
September 10th, 2018
First Super has posted the 2017/18 Annual Statements for Employers, so yours should arrive in the mail shortly, if it hasn’t already. Annual Statements for members are also in the process of being mailed and emailed. Once you receive your statement, take a few moments to check the following: • Are all your contact details […]
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 […]
First Super secures strong returns
August 31st, 2018
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 […]