Is First State Super A government fund?
Is First State Super A government fund?
It was initially established in 1992 as First State Super to provide superannuation benefits to New South Wales government employees, but is now open to anyone eligible to receive superannuation….Aware Super.
| Industry | Superannuation |
|---|---|
| Founded | 1992; First State Super prior to 1 July 2020 |
| Website | www.aware.com.au |
Is Colonial First State Super any good?
In recent years Colonial First State FirstChoice has won the following awards: 2021: Best Fund: Longevity Product (Chant West) 2021: Best Value Income Protection Insurance in Super (Money magazine) 2021: Highest Super Performer (Money magazine)
Can anyone join First State Super?
Become a member We take care of the super for over 765,000 members (as at July 2018) and anyone can be a member.
Is Aware Super VicSuper?
We’ve completed the merger between VicSuper and First State Super (now called Aware Super), making us the second largest super fund in Australia. Our VicSuper brand continues to sit alongside Aware Super, and you’ll continue to be part of the VicSuper division of Aware Super.
Who owns aware superannuation?
Aware Super
Aware Financial Services Australia Limited is wholly owned by Aware Super ABN 53 226 460 365. The trustee of Aware Super is Aware Super Pty Ltd ABN 11 118 202 672, AFSL 293340.
Who owns first super?
FIRST Super is an Australian locally-owned superannuation fund that was formed in July 2008, after three super funds were amalgamated.
Which is the best super fund Australia?
Best performing super funds
| Super fund | Investment option | 1 yr return (%) |
|---|---|---|
| AustralianSuper | Balanced | 20.4% |
| Hostplus | Balanced | 21.3% |
| Cbus | Growth (Cbus MySuper) | 19.3% |
| UniSuper | Accum (1) – Balanced | 17.6% |
What super fund do teachers use?
First State Super
Choice of Fund Our default scheme for superannuation guarantee contributions is Aware Super (previously known as First State Super).
What is first state Super?
First State Super is an industry fund that has been providing superannuation services to NSW public sector employees since 1992, with membership also open to the general public. Members have access to an investment menu comprising 5 Diversified and 7 Single sector options, including 2 Socially Responsible options.
When does Vicsuper merge with first state Super?
On 30 June 2020, VicSuper and First State Super are planning to merge, creating one of Australia’s largest superannuation funds. The merged fund will manage more than $120 billion in savings on behalf of more than 1 million Australians.
What is first state scheme’s USI number?
What is First State Scheme’s USI number? 53226460365001 USI number is short for Unique Superannuation Identifier number. It was introduced as part of the SuperStream system, which came into effect in July 2014. The SuperStream system was introduced as a result of the Australian Federal Governments ‘Stronger Super’ reforms.
Who is the trustee of the first State Superannuation Scheme?
The trustee of the First State Superannuation Scheme is FSS Trustee Corporation ABN 11 118 202 672, AFSL 293340, and the management of your VicSuper accounts will be the responsibility of FSS Trustee Corporation after the merger. Four of our current VicSuper Directors will join the FSS Trustee Corporation board.
