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Time to enjoy

Now is the time of year when many of us receive multiple super statements. We can think about rolling all of the accounts into one, but it may never happen. It somehow slipped into the too hard or too busy basket. When you receive more than one super statement, it’s time to consolidate. There are […]

Time to enjoy     Time to invest     

Ask Andrew Jewell

Q: I have been notified by my Payroll department that I need to review my salary sacrifice contributions. Why do I need to do this? Your Payroll department is letting you know that you may need to change your salary sacrifice contributions so that you do not have to pay extra tax or incur penalty […]

Time to enjoy     

Ask Peter Scott (December) 2016

Question 1: I am 62 years of age, I currently have a Transition to Retirement Pension with First Super (Drawing $750 per fortnight) and a Salary Sacrifice arrangement with my Employer for $1,000 per fortnight. I understand that the Federal Government introduced number of changes that may affect my current arrangements superannuation arrangements, could you […]

Time to enjoy     Time to invest     

Ask Peter Scott – September 2016

Question 1: My wife and I are both 67 and we own our home. I receive a Superannuation Pension from First Super and my Wife and I receive a part pension from Centrelink. Could you please explain the changes to the Age Pension that start from 1 January 2017? Answer: You may be affected by the […]

Time to enjoy     Time to invest     

Having an SMSF is not as easy as you may think. Here are some things you should consider if you are going to become one.

Miles Harley of ASIC’s Money Smart says detecting dodgy offers can be difficult, but there are a few tricks to help sniff out a scam.

Time to enjoy     

Many casual and part-time workers are getting short-changed on super. Here’s how to get the most out of it. Superannuation can be a complicated beast for young and older workers who are employed in casual or part-time jobs. And the superannuation rules are by no means clear on the entitlements of members of the casual […]

Many Australians know it makes sense to buy insurance through their super fund and First Super makes insuring against the unexpected easy and cost-effective.