Time to invest
Saving slip-ups that cost us dearly
October 18th, 2017
We share some common gaffes that could be holding you back from growing savings. If you’re struggling to find spare cash to grow savings, chances are you’re falling prey to a few money mishaps. We highlight the pitfalls to watch out for. The two’fer trap We all love a bargain, but those eye-catching “buy two, […]
5 reasons your savings are going backwards
July 27th, 2017
If the halfway mark of 2017 sees your savings looking a little lean, you could be caught in one of five money traps. We identify the hurdles reported by Aussie savers and how to overcome them. As the end of the financial year approaches, now is the ideal time to check your savings progress. If […]
Watch out for superannuation scammers
July 20th, 2017
An offer to help you get your superannuation money early might seem like a great idea. But if you agree to it you could end up in a lot of trouble, according to the Australian Securities and Investments Commission (ASIC).
Concessional Contributions Cap Changes
June 30th, 2017
Andrew Jewell, First Super’s Financial Advice & Education Manager explains the changes to the Concessional Contributions Cap and what it means to your Super. Recently, some members have been asking me what impact the reduction in the Concessional Contribution cap will have on their salary sacrifice contributions. There is a wider implication especially where the […]
Making an insurance claim – Should you use a lawyer?
May 18th, 2017
While there is no need to use a lawyer to make an insurance claim through your super fund, some people decide to do so. That means it’s important to know when to involve a lawyer and what to watch out for when hiring a lawyer. There is no need to use a lawyer to lodge […]
Unpaid Super – the issue is bigger than you think
March 29th, 2017
Almost a third of Australian workers are being shortchanged on their super, a joint study by Industry Super Australia and Cbus report has claimed. The sheer scale of unpaid super is affecting thousands of a comfortable retirement and has prompted the Federal Government to investigate. Employers must contribute at least 9.5 per cent to the […]
Why now is the time to roll-in your Super
March 29th, 2017
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 […]