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Time to think ahead

The start of the financial year 2024/25 will see some important changes to super. Here we explain how these changes could affect you, as well as how to make the most of them. Check you are getting paid 11.5% super From 1 July, your employer legally must pay 11.5% of your ordinary time earnings to […]

The financial watchdog ASIC has issued a warning about financial services companies making unsolicited calls offering to review or switch a person’s super into another fund. In some cases, this has resulted in people being pushed into moving their super to higher-risk, lower performing super investments, and charging unnecessary fees, which can reduce your retirement […]

With the end of the financial year approaching, it’s worth checking how you can maximise your super. The good news is, it’s not too late in the tax year to make some changes to boost your retirement savings. Here are some things you can do before June 30. Check your employer is paying compulsory super […]

CEO Update – May 2024

There has been a lot of debate recently about the purpose of super and the role industry super funds play in our society and economy. Everything from super funds’ role in the housing market to our position as investors has been discussed in the media. A lot of these conversations seem to represent a significant […]

CEO Update – February 2024

First Super has started off 2024 with a bang – but you don’t have to take my word for it. Our Growth option’s performance has been recognised by Money magazine as the Best of the Best – Balanced Super Product1 beating bigger funds in the process. This demonstrates that First Super is large enough to […]

  If you’re a homeowner aged 55 or over, you can boost your super with proceeds from the sale of your main residence as part of the ‘downsizer’ scheme. The ‘downsizer’ contribution scheme lets you make a lump sum contribution from the net sale proceeds of your main residence into your super. Until last year, […]

CEO update – May 2023

The rankings show only two funds’ Balanced investment options produced a positive result for their members in 2022 – and First Super’s was one of them. MySuper Balanced Option in top 10 of latest performance test First Super’s MySuper product was a top 10 performer in the latest results of the performance test for MySuper […]

First Super works with about 50,000 members, and every one is unique. This is why we pride ourselves on the quality of our member services. Strong returns, competitive fees and great service mean First Super members can be confident we’re doing everything we can to give them a dignified retirement. First Super is a fund […]