First Super: Investment performance and fees
First Super is an industry super fund for the furniture, joinery, pulp, paper and timber industry that's open to all members to join.
First Super performance and fees
When joining the fund you'll be placed in the MySuper Balanced option initially which is the default option, however you can switch to another investment option at any time.
6 of 6 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score for super funds
Finder Score makes comparing superannuation products easier by scoring products out of 10 after assessing their performance, fees and features.
We assess products from over 40 providers based on their risk profile.
The information in this table is based on data provided by SuperRatings Pty Limited ABN 95 100 192 283, a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, Australian Financial Services Licence No. 421445. In limited instances, where data is not available from SuperRatings for a product, the data is provided directly by the superannuation fund.
*Past performance data and fee data is for the period ending September 2025
Key features & facts of First Super
- Industry super fund. First Super is an industry fund for those working in the furniture, joinery, pulp, paper and timber industry (however it is now open to everyone to join).
- Default insurance options. Eligible members will get default insurance cover when joining the fund with no medical exams.
- MySuper product. The MySuper Balanced investment option is the default investment option for all members when joining the fund, unless you choose otherwise.
- Simple range of pre-mixed investment options. Members can choose between a small range of different pre-mixed investment options that each have a different risk level and asset allocation.
- No single sector options. First Super offer just 4 simple pre-mixed fund options, and no single sector options to build your own investment mix.
First Super pre-mixed investment options
If you don't make an investment choice, you'll be placed in the Balanced option, which is the default MySuper investment product designed to suit most members.
| Investment option | Risk level |
|---|---|
| Conservative Balanced This option has a more even balance between growth and defensive assets compared to the other options, which invest in more growth assets. It's designed for members who aren't comfortable taking on too much risk and who wish to avoid market fluctuations in the short term, while still gaining some level of capital growth. | Medium |
| Balanced (MySuper) This is the default investment option designed to suit most members. It's where you'll be invested if you don't make an investment preference. It has a focus on growth over the medium to long term. | Medium to High |
| Growth This option provides more allocation to growth assets than the previous options, and may suit members looking for more exposure to shares. It's designed for members with a longer investment timeframe of at least 10 years, or members with a higher risk tolerance. | High |
| Shares Plus This option invests almost entirely in shares, making it the most high-risk investment option available. It aims to achieve higher returns over the long term. It's designed for members seeking higher long-term growth. | High |
First Super default insurance cover
Eligible members will receive the following default insurance cover when joining:
- Death: This cover provides a lump sum payment to your nominated beneficiaries in the event of your death.
- Total and Permanent Disablement (TPD): This cover provides a lump sum payment to you in the event that you become permanently disabled.
- Income Protection: This cover is paid out in the even you can't work and lose your income.
You'll get a default, basic level of cover for the above insurances, however you can apply to increase your level of cover at any time if you think it's the right choice for you. You can also opt out of all insurance cover all together.
How to join First Super
You can join online by completing the application form on First Super's website. The application form should take you around 10-20 minutes to complete, and you'll need to provide the following bits of information:
- Your full name, date of birth and contact information
- Your Australian residential address
- Your phone number and email address
- Your tax file number (TFN)
- Your chosen investment option (if you want to invest in something other than the Balanced option) and insurance cover
- Details of your existing super fund if you'd like to consolidate your super
Once your application has been completed successfully, you'll receive your membership details by email. You can then give these to your employer so they can start paying your superannuation guarantee payments into your new fund.
Sources
More resources on Finder
Ask a question
More guides on Finder
-
How to make the most of the $5 trillion wealth transfer
Australian women are set to inherit the majority of the $5 trillion wealth transfer taking place over the next decade. This guide helps women over 45 understand how to manage, protect and grow their inheritance to create financial freedom and a lasting legacy.
-
Compare pension funds that give you an annual income in retirement
Compare pension funds and create a flexible, tax-effective income stream in retirement.
-
How much super should I have?
The average super balance is $154,350. Compare your super balance against the average balance for your age group to see if yours is on track.
-
Worst Super Funds
Here’s a current list of the worst-performing super funds in Australia and steps for how to switch to a better fund.
-
Retirement planning in Australia
Explore essential components of retirement planning for a secure future. Dive into the intricacies of retirement planning, covering vital elements such as investment strategies, savings goals, and risk management. Gain valuable insights to chart your path towards a secure and fulfilling retirement.
-
Best Super Funds Australia
We've analysed Australian super funds to find the best-performing super funds, the best industry super funds and the best super fund for low fees. Find the right super fund for you.
-
Ethical super funds in Australia
If you want to make sure your super balance is invested in companies that reflect your values and beliefs, check out this guide to ethical investing.
-
ING Living Super: Performance, features and fees
ING Living Super offers easy online access and a choice of flexible investment options to suit your life stage and retirement goals.
-
Superannuation for sole traders and self-employed
Self-employed super contributions are a great way to boost your retirement savings, but there are some rules. See rules for contributions and compare super funds if you're self employed.
-
Best super funds for under 18s
When you start your first job you'll need to open a bank account, a super fund and understand what your tax obligations are.