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TelstraSuper

TelstraSuper RetireAccess

Lifestyle Balanced

Past 5-year return
7.49

% p.a

Admin fee

$78

Calc fees on 50k

$563

SuperRatings awards
SuperRatings Platinum 2022 Pension15 Yr Platinum Performance 2007-2022Career Fund of the Year Finalist 2022Pension of the Year Finalist 2022Momentum Award 2022
Past 5-year return
7.49

% p.a

Admin fee

$78

Calc fees on 50k

$563

SuperRatings awards
SuperRatings Platinum 2022 Pension15 Yr Platinum Performance 2007-2022Career Fund of the Year Finalist 2022Pension of the Year Finalist 2022Momentum Award 2022

Quick pension fund review

For TelstraSuper RetireAccess

These are the benefits of this pension fund.

  • Member fee of $1.50 per week and administration fee of just 0.18% p.a. No entry or exit fees.
  • Broad range of investment options with free investment switches.
  • Insurance Options Available - Death, TPD, Income Protection. Base Death/TPD cost is covered by Employer Sponsor
  • Access to Member education seminars at no extra cost.
  • Financial planning at no additional cost.
  • Secure access to your personal details 24/7 through SuperOnline.
  • Regular member magazine and informative e-Newsletters.

TelstraSuper was established to provide for the retirement needs of employees of the Telstra Group and the fund is only available to current and former employees, and their family. TelstraSuper was the winner of the 2022 Momentum award and was nominated as a finalist for the 2022 Career Fund of the Year and the 2022 Pension of the Year awards. TelstraSuper RetireAccess was established in 1999, with a minimum initial investment of $10,000 required to commence membership. TelstraSuper RetireAccess offers an investment menu of 5 diversified options and 5 single sector options. The Lifestyle Balanced option outperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2021.Fees are lower than the industry average across all account balances assessed, with administration fees capped at $1,878 pa. There is no switching fee, although a buy-sell spread may apply.TelstraSuper RetireAccess offers excellent pension flexibility, with members able to select from fortnightly, monthly, quarterly and yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.TelstraSuper offers access to a comprehensive range of educational resources, financial advice services and nation-wide information seminars. The fund also offers discounts from a range of service providers, including HCF Health Insurance.

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Pension fund overview

For TelstraSuper RetireAccess

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$78

Administration fee (%)

0.18%

Switching fee

$0

Investment fee

0.79%

Indirect cost ratio (%)

Exit fee

$0
Available
Not available
Data not captured

Target Market Determination

Visit TelstraSuper to view Target Market Determination.

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Fund fees vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Fund past-5-year return vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Investment allocation
INTERNATIONAL SHARES
AUSTRALIAN SHARES
PROPERTY
ALTERNATIVES
FIXED INTEREST
CASH
OTHER
Investment option performance
BALANCED
CONSERVATIVE BALANCE
DIVERSIFIED FIXED INTEREST
GROWTH
AUSTRALIAN SHARES
INTERNATIONAL SHARES
CAPITAL STABLE
PROPERTY
CASH
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