The latest media releases and other key information and news about Aware Super.

Key information

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Previously known as First State Super we changed our name to Aware Super in September 2020.

Aware Super is a name that reflects our members and what we stand for. It echoes the strengths of our past, aligning to our purpose to be a force for good in superannuation, retirement, and advice, driving better outcomes for our members, their families, and communities.

Aware Super has been the fund for people who value community since 1992, and we’re now one of Australia’s largest funds and continuing to grow. We merged with VicSuper and WA Super in 2020 and now manage $150 billion in savings for more than 1 million members located across the country.

Our members work in roles that breathe life into their communities and they expect us to do the same. So, we invest in assets that we believe will make a positive difference today – improving our communities, building a more sustainable economy and supporting employment both locally and globally at the same time as providing strong long-term returns.

Discover how we’re helping members do well financially while doing good in the world. Learn more.

Asset pool

$150 billion

Members and clients

1.1 million


Health Care, Education, Aged Care and Disability Support Sector, Police, Fire and Emergency Services, Public Sector

% women


How to refer to us

Aware Super
Aware Financial Services Australia Limited when referring to our financial advice business

When referencing previous brand First State Super

Aware Super (a new name for First State Super)

Our trustee board is made up of an independent chair and 14 member and employer representatives that ensure our fund acts in the best interests of members at all times.

Meet our Board of Directors           Meet our Executive team

To request an interview or if you require further information, please contact

Key contact

Di Lloyd
Senior Manager External Affairs
0419 177 599

Adverse Publicity Notice

The Federal Court of Australia has ordered Aware Financial Services Australia Limited (Aware Financial Services) (previously known as State Super Financial Services Australia Limited or StatePlus) to publish this notice. Aware Super Pty Ltd acquired Aware Financial Services on 6 June 2016.

On 17 February 2022, Justice Moshinsky of the Federal Court of Australia (in proceeding VID 551 of 2020) ordered Aware Financial Services to pay a pecuniary penalty of $20,000,000 for contravening Australia’s financial services laws.

The Court found that Aware Financial Services contravened these laws between 21 August 2014 and 30 June 2018 by accepting payments from Advice Clients when there were reasonable grounds to believe that it would not be able to supply those reviews to all such clients within an annual period. Advice Clients were (a) Bundled Clients who received written disclosure from Aware Financial Services on or after 1 April 2013 that they would be provided with an Annual Review Service; and/or (b) Unbundled Clients who entered into an ongoing advice service arrangement that included provision of an Annual Review Service.

In many cases, Aware Financial Services did not in fact provide the promised reviews. Between 21 August 2014 and 30 June 2018, approximately 25,300 clients paid fees to Aware Financial Services without receiving the appropriate number of annual reviews from Aware Financial Services.

After reporting this conduct to the Australian Securities and Investments Commission (ASIC), Aware Financial Services has remediated approximately $104.8 million in fees, interest and lost earnings to clients who did not receive and did not decline their annual review entitlements.

Aware Financial Services agrees that it failed to maintain an adequate standard of internal controls and compliance systems that may have avoided the potential harm to consumers. It has since made changes designed to uplift those controls and compliance systems in an effort to ensure this conduct does not recur.

Further Information

Aware Financial Services’ misconduct contravened the following financial service laws:

  • section 12DI(3) of the Australian Securities and Investments Commission Act 2001 (Cth); and
  •  sections 912A(1)(a), (b) and (c) of the Corporations Act 2001 (Cth).

For further information about Aware Financial Services’ misconduct, see the following links:


Media releases

Digital transformation underscores benefits of mergers for super members

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Aware Super in a retirement state of mind

110.8KB PDF

Budget vacuum leaves Australian women feeling short-changed

110.1KB PDF

Allied Express commits to new purpose-built facility at Bankstown Airport

178.9KB PDF

Aware Super proudly recognised as WGEA Employer of Choice for Gender Equality

134.9KB PDF

Good riddance to 'arbitrary and illogical' super threshold

111.7KB PDF

Rare win for retirees as covenant gets green light

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Welfare of harassment victims the first priority

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Aware Super backs essential workers with Canberra affordable housing investment

175.1KB PDF

Aware Super completes merger with VISSF

98.5KB PDF

Move aside share market... private equity is delivering the goods

147.6KB PDF

New covenant raises the bar for retirees

113.7KB PDF

Aware Super lays foundation for $250bn future with Investment Team changes

106.9KB PDF

Aware Super supports City ID step to position itself on the international map

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Aware Super welcomes acceleration in climate change conversations

137.4KB PDF

Gold gold gold for Aware Super's app

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Aware Super acquires iconic Melbourne site for new essential worker affordable housing


Remediated Victorian farms set for prosperous future as new owners sought

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Equal Pay Day a stark reminder of need to improve women's economic security


Steve Travis joins Aware Super to lead member growth

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Aware Super backs Tilt Renewables deal in challenging domestic market

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Aware Super and VISSF agree to merge

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Aware Super hits $1bn in renewable investments, meets emissions target early

158.9KB PDF

Members win with fee cuts as Aware Super breaks through $150bn

107.4KB PDF

Aware Super supports Generate Capital raise

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Angela Nigro joins Aware Super Board

116.7KB PDF

Aware Super makes €600m capital commitment to Vivenio

159.4KB PDF

Vocus Group Shareholders vote in favour of Scheme of Arrangement

112.5KB PDF

Warwick Gribble joins Aware Super

113.5KB PDF

Aware Super appoints State Street Global Advisors

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Aware Super appoints Andrea Forbes as Head of Government Relations and Policy

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Federal Budget - Every player wins a prize but no Budget jackpot for women

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Major players commit to new industrial precinct in south western Sydney

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Techtronic Industries commits to $188m facility at The YARDS, Australia’s first industrial community

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VISSF and Aware Super explore the benefits of a potential merger


Aware Super welcomes appointment of Minister for Women's Economic Security

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Lendlease and Aware Super US multifamily portfolio achieves net zero carbon

145.8KB PDF

Macquarie Infrastructure and Real Assets (MIRA) and Aware Super enter binding agreement to acquire Vocus Group at A$5.50 cash per share

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Challenging the inequity of retirement

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Construction starts on Australia’s first industrial community

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Aware Super receives WGEA Employer of Choice citation for fifth year

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Aware Super sole investor innewaffordable housing development

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7.12.2020 - Aware Super CEFC Adamantem target ambitious emissions reduction across private equity sector

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7.12.2020 - Under-utilised New York City real estate converted into battery storage hubs

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7.12.2020 - Aware Super completes merger with WA Super

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25.11.2020 - Aware Super sets Carbon Footprint benchmarks for investments

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09.11.2020 - Aware Super welcomes State Governments investment in Australian renewables

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21.10.2020 - Aware Super re-launches SRI options

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14.10.2020 - Aware Super proud to join Climate League

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12.10.2020 - Aware Super submits proposal to acquire 100 percent of OptiComm

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11.10.2020 - Lendlease and Aware Super secure major urbanisation project in New York

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6.10.2020 - Aware Super to support management on AGL climate resolution


30.09.2020 - UNSW Sandbox Program Briefing note - Conexus Institute

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24.09.2020 - Shadow Minister for Housing to launch Aware Super affordable housing project

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17.09.2020 - Lendlease and Aware Super Execute Nearly $200 Million Recapitalization in Boston and Chicago

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16.09.2020 - Time to grasp the opportunities to shift the dial on climate change


16.09.2020 - APG and Aware Super partner for a European aparthotel expansion with CityID

153.5KB PDF

25.08.2020 - Investors eye build-to-rent as key element of housing affordability solution

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20.08.2020 - StatePlus and ASIC civil enforcement action

134.3KB PDF

03.08.2020 - BNP Paribas issues A$140m green bond to support Australian climate transition projects

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30.07.2020 - First State Super and WA Super agree to merge

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16.07.2020 - Two Melbourne Quarter reaches completion

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16.07.2020 - First Investment in VBGF.

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15.07.2020 - First State Super launches new brand - Aware Super

190.9KB PDF

09.07.2020 - Time for super funds to take immediate action against climate change

180.2KB PDF

01.07.2020 - First State Super and VicSuper merge creating one of Australia’s largest industry funds

186.3KB PDF

15.06.2020 - Victorian Business Growth Fund Ready For Business

153.9KB PDF

11.06.2020 - Global investors call for urgent action on sustainable investment to support COVID-19 recovery

178.1KB PDF

28.05.2020 - First State Super secures Tobacco Free Finance Pledge Stamp

101.5KB PDF

09.04.2020 - Financial advice provides much-needed peace of mind for retirees during COVID-19 pandemic

178.1KB PDF

30.03.2020 - First State Super reduces fees for retirees

129.8KB PDF

05.03.2020 - Matt Willis appointed head of Business Development

130.4KB PDF

05.03.2020 - No room for complacency while women still disadvantaged

167.6KB PDF

04.03.2020 - First State Super enters merger discussions with WA Super


02.03.2020 - Changes to financial advice to impact our most vulnerable

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25.02.2020 - No room for complacency while women still disadvantaged

167.6KB PDF

24.02.2020 - First State Super appoints new Chief Risk Officer

152.8KB PDF

30.01.2020 - First State Super addressing housing stress for Victorians

146.5KB PDF

19.12.2019 - First State Super increases stake in Sunshine Coast University Hospital

140.7KB PDF

14.12.2019 - First State Super celebrates the opening of Sydney Light Rail

213.9KB PDF

13.12.2019 - VicSuper and First State Super confirm merger

144.3KB PDF

05.12.2019 - Palisade announcement


28.11.2019 - Urgent action needed to end women’s economic insecurity: First State Super

147.1KB PDF

09.10.2019 - HSBC and First State Super enter into Global Equity Partnership

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08.10.2019 - Media Statement - Group Executive Announcement


03.10.2019 - First State Super achieves major investment milestone

100.4KB PDF

23.09.2019 - Resignation of Suzette Thurman, Group Executive, Risk & Compliance

123.8KB PDF

10.09.2019 - First State Super recognised as global responsible investment leader

115.9KB PDF

28.08.2019 - First State Super celebrates equal pay day

100.7KB PDF

19.08.2019 - First State Super invests for economic impact

123.9KB PDF

23.07.2019 - First State Super CEO Deanne Stewart Pay Equity Ambassador

176.4KB PDF

08.07.2019 - Affordable Housing - First State Super leads in Affordable Housing

155.6KB PDF

03.07.2019 - Shirley Smith - winner of First State Super Lifetime achievement award

139.3KB PDF

07.06.2019 | Victorian Business Growth Fund

236.1KB PDF

26.06.2019 | G20 Global Investor Statement on Climate Change

166.6KB PDF

01.05.2019 | First State Super endorses stronger stewardship

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18.04.2018 | First State Super integrates advice

113.4KB PDF

08.04.2019 | Scholarship to teach about money

161.5KB PDF

04.04.2019 | VicSuper and First State Super commence early stage merger discussions

158.3KB PDF

20.03.19 | How Australia Saves 2019

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13.03.2019 | First State Super Executive re-elected to AIST Board

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01.03.2019 | First State Super recognised for Best Advice Offering

151.6KB PDF

25.02.2019 | First State Super recognised as WGEA Employer of Choice


14.02.2019 | First State Super supports teachers through Foundation scholarship

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