Time to think ahead
New partnership increases options for members from NZ
July 2nd, 2020
First Super is making it easier for New Zealand migrants to transfer their KiwiSaver balances to Australia and benefit from tax savings on their retirement savings under a new partnership with NZRelo. Your super fund has agreed an exclusive three-year partnership from 1 July 2020 to promote its superannuation services to NZRelo community members, including […]
Get connected with free online workshop
June 12th, 2020
The latest in the series of “Be connected” free webinars will run on Monday 15 June. Provided the Australian Government’s eSafety Commissioner, the online workshops aim to help people improve their computer skills and stay safe online. The “Connecting to others” webinar has been designed specifically to overcome the barriers of current travel restrictions and […]
Fees changes
February 26th, 2020
From 1 April 2020, two of the fees we charge for administering your super account are changing. The administration fee for accumulation members only will rise on 1 April from $1.50 to $2.25 per week. The asset fee is also increasing from 0.05% a year to 0.18% a year. This is the first rise in […]
Investment update: the year so far
February 26th, 2020
With share markets mainly buoyant in the first half of 2019/20, First Super’s investment options fared well, with our Balanced option – in which most members are invested – achieving 3.59% for the six–month period. The 2019/20 financial year got off to a positive start in July with interest rate cuts in major economies, including Australia and, for the first time in […]
Australians’ top 5 money goals for 2020, and how you can achieve them
February 26th, 2020
2020 isn’t just a new year, it’s the start of a new decade, and what better time to set some fresh financial goals? Here are the top five money resolutions for Australians in 2020 – as discovered by industry super fund-owned bank ME research – plus tips to beat the barriers that could stop you […]
Coming soon: your mid-year super update
February 26th, 2020
Now that our six-month investment returns have been confirmed, the 2019/20 mid-year statements have been produced and are scheduled to arrive in mailboxes by 1 March. This statement provides an overview of your super balance, contributions and investment returns as they stood at the halfway point of the financial year. In your statement pack, you’ll […]
Six silly season savings tips
December 17th, 2019
Australians spent around $50 billion[1] in the lead-up to Christmas last year, which means there is plenty of room to save. Here are six tips from ME on how to enjoy the fun and festivity without a New Year financial hangover. 1. Plan ahead Lists go hand in hand with Christmas, and they’re not always […]
Federal Government announces more changes to insurance inside super
December 17th, 2019
We need to share another important update on new Federal Government laws that came into effect from 1 November 2019 and which may impact you if you have insurance inside super with us or any other fund. Super account balance below $6,000? Your cover is at risk of being cancelled on 1 April 2020. Like […]