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First State Super news

11 September 2012: Financial Literacy and the World Economic Crisis

Ms. Liz Criddle, recipient of the first Premier's First State Super Financial Literacy Scholarship in 2011, has spoken of the ongoing challenge to test the theory of financial markets against the practical application of teaching financial literacy.

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29 August 2012: 2012 Financial Literacy Award

The CEO of First State Super, Michael Dwyer AM, today congratulated the recipient of the 2012 Premier’s First State Super Financial Literacy Scholarship, part of the NSW Premier’s program of Teacher Scholarships.

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19 July 2012: First State Super to exclude tobacco from all investment portfolio funds

First State Super, one of Australia's largest super funds, announced that it has excluded investments in all companies involved in the manufacture of cigarettes and other tobacco products from its entire investment portfolio of twelve different investment options.

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07 June 2012: First State Super responds to Privacy Commissioner's Report

The trustee of First State Super (FSS) today acknowledged the Privacy Commissioner's report into a members' data security breach, which found that while there had been a breach of the fund’s data security last year, FSS had acted decisively to immediately rectify the problem.

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13 April 2012: Apply for additional insurance online through Insurance Express

First State Super has launched a new tool to help you manage your insurance more easily. Through Insurance Express you can apply for additional cover online and be assessed immediately. We’ve introduced the tool after recognising that many members were after a more streamlined process when applying for additional cover.

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Archive

19 October 2011: IT security breach rectified

First State Super immediately corrected a fault in its members only website, which allowed unauthorised access to members’ statements, as soon as the problem was identified in late September 2011.

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14 September 2011: Ambulance Officers Insurance – a benefit negotiated between the employer and the union to better protect ambulance officers

An article in the Sydney Morning Herald of 14 September 2011 includes various assertions regarding Ambulance Officers Insurance, which does not accurately reflect the facts.

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30 June 2011: Merger creates Australia’s third largest super fund

The merger of First State Super and Health Super on 30 June 2011 has created a super fund with over $30 billion and more than 770,000 members.

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17 November 2010: First State Super and Health Super announce intention to merge

Super funds First State Super and Health Super today announced an in-principle intention to merge.

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15 September 2010: Website for women aims to close the super gender gap

Narrowing the superannuation gender gap – where Australian women have on average much smaller super balances than men – is the aim of a new website that seeks to empower and inform women about their super, created by one of the country’s largest super funds First State Super.

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07 July 2010: First State Super launches mobile app

First State Super has today launched what may be an Australian first - a mobile website app, enabling its members to monitor their super via their mobile devices.

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12 May 2010: Federal Government’s 11 May 2010 Budget

First State Super has prepared a summary of superannuation and related changes from the Federal Government’s 11 May 2010 Budget.

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3 May 2010: Henry Tax Review May 2010

Federal Government’s response announced 2 May 2010 to the Henry Tax Review as concerns superannuation.

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13 May 2009: Federal Government’s 12 May 2009 Budget

The second of the Rudd Government’s Federal Budgets has delivered fewer changes to superannuation than has been speculated in the media for the last few months.

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18 February 2009: Retirees to breathe a bit easier

The Federal Treasurer and Minister for Superannuation have issued a joint press release announcing relief from the minimum pension drawdown requirements in light of the current difficult financial conditions.

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28 October 2008: It's unanimous - First State Super is lowest cost fund in Australia

First State Super, which has been judged to be the lowest cost public offer superannuation fund in Australia by not one, but three superannuation ratings agency reports, is urging super fund members to ensure they are not paying too much in fees.

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15 May 2008: Federal Government’s 13 May 2008 Budget

In its first Budget the Rudd Government has preserved the superannuation tax concessions for the over 60s introduced in 2007 and announced that it will help ease the burden on working families that are under financial pressure.

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5 December 2007: First State Super upgrades its insurance offering

First State Super has lifted its insurance offering, with levels of cover increasing between 5% and 64% depending on the member’s insurance category and age.

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29 October 2007: Emerging retirement trend drives First State Super web calculator

First State Super has launched a new website retirement calculator – the first in Australia that’s freely available to the public – to meet what it sees as a shift in consumer/member approach to retirement.

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4 September 2007: Major super fund finds members planning to ease down then take off in retirement

In a major study of its members’ retirement intentions, First State Super, one of Australia’s largest super funds, has found that almost a third are planning to ease themselves out of the workforce gradually by working part-time prior to retirement.

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20 August 2007: Philippa Smith to join First State Super Board

First State Super has announced that Philippa Smith will join its Board as an employer representative.

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9 May 2007: Federal Budget Proposals 2007

This year's Federal Government’s Budget delivered tax relief to low and middle income earners, however, very few changes to the superannuation system were announced.

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6 February 2007: First State Super appoints Chief Operating Officer

Dr Tom Parry, Chairman of the $13 billion First State Super fund today announced the appointment of Mr Graeme Arnott as its new Chief Operating Officer.

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15 November 2006: First State Super wins best new product

Following last night’s announcement of the 2006 SuperRatings Awards, First State Super is delighted to win the Best New Product Award for its Personal Division.

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3 November 2006: First State Super wins inaugural Rainmaker Fund of the Year Award

First State Super has won the inaugural Rainmaker SelectingSuper Fund of the Year Award, announced today at an Award Breakfast in Sydney.

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17 October 2006: First State Super's new pension and investment choices

In keeping with First State Super’s philosophy of providing simple-to-understand, competitively priced products and services we are pleased to deliver a number of new choices to our members.

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18 August 2006: This website wins 2 major communication awards

At the 2006 Association of Superannuation Funds Australia (ASFA) Communication Awards, industry experts awarded the First State Super website with two of its highest accolades.

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10 May 2006: 2006-07 Budget summary

The following proposed changes were announced in the Federal Budget last night. These changes have not yet been legislated.

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1 May 2006: First State Super opens its doors

First State Super, a not for profit fund with over $11 billion in assets and over 450,000 members, has officially opened its membership.

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4 April 2006: Watch out if you have been approached to cash in your super

An article published in The Daily Telegraph, 29 March 2006 “Rail staff caught in super fund scam” refers to CityRail employees transferring their super from First State Super to Freedom Super and Creative Super.

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