Time to enjoy
Annual Members’ Meeting 2019
December 17th, 2019
First Super welcomed members and other stakeholders from across the country to its Annual Members’ Meeting on Tuesday 19 November. The Fund hosted live events at the Jasper Hotel in Melbourne and the Traralgon Greyhound Racing Club. For the first time, the event was also live streamed, so that members unable to attend in person […]
Awards success for First Super communications campaigns
December 17th, 2019
After a huge year for creative communications to our members, First Super walked away double winners at the AIST Awards for Excellence on 4 December. The Australian Institute for Superannuation Trustees (AIST) – which is the peak body for profit-to-member super funds – holds it awards program to recognise the achievements of funds like ours […]
First Super makes MySuper Top Ten
September 9th, 2019
The super regulator’s recent review of super fund performance named First Super as sixth out of 85 providers, as industry super funds continue to lead the market. Industry Super Australia (ISA) has used latest figures from the super industry regulator to rank the country’s 60 registered MySuper products – and First Super made the top […]
Don’t panic on investments
September 9th, 2019
Amid concerns about a possible recession, a share markets expert explains why now is not the time to make a panicked decision on your super investment option. Rising talks of a recession, interest rates moving towards negative territory and tumbling stock markets have given people plenty of reason to worry. However, letting the negative data […]
Less than half of Australian retiring with enough for comfortable life
September 9th, 2019
Less than a quarter of Australians are leaving the workforce with enough super to fund a comfortable lifestyle, a new report has found. The Association of Superannuation Funds of Australia (ASFA) study found median super balances for retiring Australians aged 60 to 64 were only $154,453 for men and $122,848 for women. Those are both […]
Keep an eye out for your annual statement
September 9th, 2019
With crediting rates for the Fund confirmed, First Super will soon be sending out your annual member statement. The pack will have full details of your super account, investment performance and insurance benefits for the 2018/19 financial year. During September, you will receive your printed statement in the mail or an e-statement by email if […]
2018/19 crediting rates: delivering strong long-term returns
September 9th, 2019
First Super has again delivered strong long-term results for members. The Balanced (default) super option – in which the majority of members are invested –achieved a return of 7.16% for the 2018/19 financial year, and five and ten-year returns of 9.09% and 9.69% respectively. CEO Bill Watson said that the results were strong given the […]