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Time to think ahead

EmployersFIRST     Time to invest     Time to think ahead     News & Media     

AFCA: The acronym all Australian consumers should know

November 15th, 2018

A new independent body has been established to help consumers seek justice if they believe they have been treated unfairly by banks, insurers and other financial services providers. The Australian Financial Complaints Authority (AFCA), a new “one-stop shop” for Australian consumers to resolve problems with various providers, launched on 1 November. The Government first proposed […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

Member AGM 2018

November 8th, 2018

Members and employers heard about First Super’s strong 2017/18 performance at its AGM (annual general meeting) in Sydney on 31 October. This year’s event location, Parramatta, was chosen as it’s central to one of the heartlands of Fund members and industries in New South Wales. First Super CEO Bill Watson gave the main presentation of […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

Annual Report reviews strong year for First Super

November 8th, 2018

First Super has just released its 2017/18 Annual Report. The publication marks 10 years since the Furniture Industry Retirement Superannuation Trust, the Pulp & Paper Workers’ Superannuation Fund and the Timber Industry Super Scheme merged in July 2008 to become First Super. Inside this year’s report, you’ll find highlights of the year, an overview of […]

EmployersFIRST     Time to enjoy     Time to invest     Time to think ahead     News & Media     

From the CEO: the Royal Commission shows bank funds aren’t super

August 31st, 2018

First Super CEO Bill Watson gives a summary and his thoughts of the recent Financial Services Royal Commission hearings into superannuation funds. “The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has uncovered constant and ongoing misconduct and conduct falling below community standards and expectations over many years by retail superannuation […]

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Save or splurge? Putting your tax refund to good use

August 31st, 2018

How good is tax time? In exchange for a few hours filling out your tax return, you could receive a handy windfall into your bank account. And with a bit of planning, you could make the ATO’s refund go a lot further. Receiving any lump sum of cash can make treating yourself tempting. But there’s […]

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Scams and super: keep your super safe

August 31st, 2018

Are you keeping your super safe from scammers? The Australian Taxation Office (ATO) is warning of a new type of rort around early release of super, which in many cases is illegal. The ATO says that con artists are promoting schemes that encourage people to access their super savings early to help them to buy […]

EmployersFIRST     Time to invest     Time to think ahead     

First Super secures strong returns

August 31st, 2018

First Super was delighted with its crediting rates for the 2017/18 financial year, which were made public in July. The returns showed another year of strong investment performance for our members. The Balanced option (our default MySuper option) returned an impressive 10.68 per cent for the year. Our Growth option returned a solid 11.90 per […]

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Statements coming soon

August 31st, 2018

You will soon receive your 2017/18 Annual Statement in the mail, in addition to your e-statement if you have selected that option. Once you receive your statement, take a few moments to check the following: • Are all your personal and contact details correct? • Do we have your Tax File Number? • Have you […]