First Super is an industry super fund built on a legacy of serving Australia's vital trade sectors and is committed to delivering strong outcomes for its members.
🕰️ Founding Legacy First Super was established in July 2008 following the merger of three long-standing industry funds: the Furniture Industry Retirement Superannuation Trust, the Pulp & Paper Workers' Superannuation Fund, and the Timber Industry Super Scheme. This foundation was built to unite and strengthen the superannuation savings of workers across the timber, furniture and joinery, and pulp and paper industries.
🤝 Core Member Connection While open to all Australians, First Super maintains a strong, enduring connection to the furniture, pulp and paper, and timber industries. It manages over $5 billion in assets for more than 70,000 members, emphasising a personalised, high-touch service model.
🎯 Run Only for Members As an industry super fund, First Super's core ethos is to operate solely to benefit its members, acting in their best financial interests. Its overarching purpose is to enable members to attain and maintain a dignified retirement by focusing on smart investing and helpful service.
📍 Committed to Service First Super provides a dedicated team of Member and Employer Services Coordinators to offer hands-on help in both metro and regional areas across Australia. This commitment to accessibility and personalised support helps members better understand and maximise their superannuation.
Assets Under Management
$5 Billion
Total Members
70,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$531 on $50k
First Super's default Balanced (MySuper) option targets a 75/25 growth-to-defensive asset allocation. The portfolio is diversified across Australian equities, international equities, private equity, infrastructure, property, fixed interest, floating rate debt and cash. The fund uses an active management approach, selecting fund managers who aim to outperform market benchmarks rather than tracking an index. Frontier Advisors serves as the fund's asset consultant, providing independent guidance on investment strategy.
At an estimated $531 per year on a $50,000 balance, First Super sits above the industry median of $467. The higher cost partly reflects the fund's smaller scale of around $5 billion in assets, which limits its ability to negotiate the same volume-based fee discounts available to larger funds. The fund's active management approach and use of external fund managers also contribute to the overall cost.
First Super suits members working in the timber, pulp and paper, and furniture and joinery industries who value a fund with deep ties to their sector. It is also well-suited for regional Australians who appreciate face-to-face support from local coordinators, and for members who want included financial advice without paying extra fees.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| Balanced | N/A | +9.10% | +8.52% | +7.52% |
| Balanced (default) | +9.00% | +9.10% | +8.52% | +7.52% |
| Cash | N/A | +3.74% | +2.38% | +2.23% |
| Conservative Balanced | N/A | +7.03% | +6.17% | +5.75% |
| Growth | N/A | +10.35% | +9.75% | +8.39% |
| Shares Plus | N/A | +11.56% | +11.05% | +9.44% |
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