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EmployersFIRST

EmployersFIRST     Time to invest     News & Media     

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 […]

EmployersFIRST     Time to invest     Time to think ahead     News & Media     

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 […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

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 […]

EmployersFIRST     

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 […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

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 […]

EmployersFIRST     Time to invest     Time to think ahead     

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 […]

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Super Changes in the Budget That May Affect You

June 8th, 2018

With continuous alterations in previous Budgets being a source of frustration and confusion for both funds and members, the 2018/19 Budget continues to tinker with the system resulting in a number of changes being made that employers should be aware of. The Government has announced three initiatives which will have an impact upon members, the […]

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Single Touch Payroll Is Only 3 Weeks Away – Are you Ready?

June 8th, 2018

From 1 July 2018, Single Touch Payroll (STP) will become mandatory for employers with more than 20 employees. The ATO led initiative will see an improvement in the way wages, superannuation and PAYG taxes are monitored, encourage greater transparency, modernise payroll reporting and connect business to the ATO in real time through their accounting software. […]