First State Super is open to everyone who is eligible to join a super fund.

Established in 1992, First State Super is a not for profit industry fund that had its origins as a government fund for NSW public sector employees. The Fund is now open to the wider community.

In Australia’s Top 10 largest super funds (by membership and assets), First State Super currently has over 540,000 members and $18 billion in assets.

First State Super focuses on members:
The Fund’s focus is its members and key features include:

• No commissions paid to advisers.
• Low fees with administration fees of $1 per week for super accounts (plus 0.2% for income stream accounts), no entrance fees, and no contribution fees.
• 11 investment strategies including a new socially responsible investment option.
• 2 income stream products that provide income before or after retirement.

The Board consists of an independent chairperson, four member representative directors, appointed by Unions NSW and four employer representative directors, appointed by the Director General of the Department of Premier and Cabinet of NSW and the Secretary of New South Wales Treasury.

Chairperson and Independent Director
Thomas Parry, AM

Member representatives
Russ Collison, State Secretary, AWU of NSW
Sandra Moait, Former President Unions NSW
Michael Williamson, General Secretary of the Health Services Union of NSW

Employer representatives
Cristina Cifuentes
Bruce Foy
Patria Mann
Philippa Smith