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What the Researchers Say:

A "best value for money" fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
  • 10 Year Platinum Performance
  • Pension of the Year Finalist
Awards
Fund data valid as of February 28, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $538 $687 -$149
250k $2,378 $2,937 -$559
500k $4,678 $5,571 -$893

Investment Allocation

Intl shares 27.0%
Aus shares 27.0%
Property 10.0%
Alternative 17.0%
Fixed interest 10.0%
Cash 7.0%
Other 2.0%

Fees & Charges

Membership Fee $78
Asset Admin Fee 0.22%
Investment Fee 0.70%
Switching Fee $0
Exit Fee $0
Account Size Discount Yes
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 100,595
Total Assets $18,061,031,100
Year Started 1999
Target Market
Offered to Public?
Fund Type Corporate-Allocated Pension

Fund Highlights - provided by Telstra Super RetireAccess

Member fee - $1.50/wk and administration fee of just 0.22% p.a.
Broad range of investment options with free investment switches.
Financial planning at no additional cost.
Face to face and electronic member education seminars.
Secure access to your personal details 24/7 through SuperOnline.
Monthly electronic newsletter and 6 monthly magazine.
Choice of Bi-monthly, monthly, quarterly or annual pension payments.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 9.27%
1.07%
11.07%
17.70%
19.94%
-0.02%
Fund
Benchmark
Conservative Balanced 8.67%
5.24%
3.96%
3.46%
8.12%
8.25%
11.60%
11.01%
16.29%
12.60%
Fund
Benchmark
Diversified Fixed Interest 1.45%
0.96%
5.08%
5.02%
4.52%
4.29%
6.65%
6.40%
5.10%
4.74%
8.98%
9.58%
Fund
Benchmark
Growth 10.84%
8.70%
-0.22%
2.80%
12.04%
11.50%
19.82%
15.91%
22.31%
19.45%
-2.58%
-1.21%
Fund
Benchmark
Australian Shares 14.07%
11.62%
-0.08%
2.22%
5.24%
6.75%
20.33%
18.31%
23.58%
23.30%
-5.13%
-6.67%
Fund
Benchmark
Overseas Shares 11.75%
10.19%
-4.61%
-2.72%
17.81%
20.36%
21.96%
19.88%
30.54%
29.76%
-5.98%
-3.07%
Fund
Benchmark
Capital Stable 5.89%
3.54%
3.61%
3.64%
7.71%
6.35%
11.50%
8.17%
12.36%
9.14%
3.96%
4.79%
Fund
Benchmark
Property 9.42%
4.42%
13.57%
13.83%
12.99%
10.92%
14.76%
10.68%
10.84%
12.91%
6.41%
7.92%
Fund
Benchmark
Cash 1.48%
1.30%
2.17%
2.25%
2.79%
2.61%
3.01%
2.78%
3.70%
3.48%
4.84%
4.76%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2016, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

Telstra Super is one of Australia's largest corporate super funds with membership open to current and former employees and their eligible family members of the Telstra Group and associated companies. The fund is also a 2017 Pension of the Year Finalist.

Telstra Super RetireAccess offers a choice of 5 Diversified and 5 Single Sector asset class options, with investment choice in all major asset classes. Investment performance has been excellent and the funds Balanced option has outperformed the SuperRatings Index over the long term.

The funds fee structure is competitive across all account balances assessed and consists of a flat fee administration fee and percentage based Investment fee structure. No fees are charged for establishing the account, withdrawing funds or switching investments. The fund includes buy/sell spreads as part of their fee structure.

RetireAccess members automatically receive 1 unit of Death cover upon joining, with the option of applying for unlimited additional top up cover. Members can now also apply to have their externally held Death cover transferred and matched by Telstra Super's group cover rates.

Pension flexibility is good, with members able to choose between monthly, twice-monthly, quarterly or annual payments. Drawdown instructions can also be nominated by the member, or pro-rated across their investments.