Time to enjoy
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 […]
Investment update: 1 January to 30 April 2019
June 3rd, 2019
After a volatile first half of the 2018/19 financial year, investment returns between 1 January and 30 April 2019 have boosted your Fund’s performance. Volatility in Australian and international share markets between October and December 2018 meant that First Super’s investments – like those of other super funds – posted negative returns. Since then, the […]
Waking to find you’re suddenly thousands of dollars richer seems like a dream. But knowing what to do with your super once you can access it can be a complex task. Leaving the workforce can be a jarring process – stepping away from the relative security offered by a regular income to rely on a […]
The pros and cons of downsizing
June 3rd, 2019
A change may be as good as a holiday, but if you’re thinking about downsizing your home it’s important to weigh up the pros and cons to be sure you’re making the right move. Downsizing for seniors can offer plenty of benefits. Research by the Australian Housing and Urban Research Institute (AHURI)1 found among Australians […]
Beat your ‘bank-xiety’!
June 3rd, 2019
Nine out of ten Australians don’t trust their bank, according to research conducted by industry super fund-owned bank ME. If you’ve started to question whether your bank is really acting in your best interests, you’re not alone. Research by ME shows 94% of Australians are feeling ‘bank-xious’ – unsure about whether they’re being charged fair […]
First Super has been sending communications to particular groups of members to raise awareness of the incoming Protecting Your Super Package (PYS) laws and what they mean for them. The PYS Package was introduced by the Federal Government in February 2019, and is effective from 1 July. It means that super funds must follow new […]
Mid-year statements 2018/19 – look out for yours
March 1st, 2019
First Super will soon be sending out your mid-year statement – an update on your super savings and investment performance as at the halfway point of this financial year. In the coming days, you will receive your statement in the mail, as well as your e-statement if you have selected that option. The statements include […]