First State Super news
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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.
Read more PDF 56kb
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.
Read more PDF 56kb
Read research survey summary PDF 112kb
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.
Read more PDF 65kb
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.
Read more PDF 55kb
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.
Read more PDF 53kb
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