TelstraSuper is a profit-for-members superannuation fund, and is open to current and former Telstra Group employees and eligible members of their families. TelstraSuper is Australia’s largest corporate superannuation fund with over $19 billion in assets invested on behalf of members.
History
TelstraSuper was established in 1990 and has grown to become Australia's largest corporate super fund. The fund was initially established for the sole benefit of Telecom employees and named the Telecom Superannuation Scheme. After being renamed the Telstra Superannuation Scheme in 1996, the fund extended its membership eligibility in 2007 to include former Telstra employees and the eligible family of existing Telstra Super members.
Awards
TelstraSuper was named Platinum 2016 Choice Super by independent ratings agency SuperRatings in recognition of being a "best value for money" superannuation fund, and also Platinum Pension 2016 in recognition for the "Best Value for Money Retirement Income" product, RetireAccess. The fund was named 'Fund of the Year 2015' and 'Super of the Year' in 2015 and 2014 by SuperRatings, and named a Top 10 super fund for 2013 by independent ratings agency Chant West. Other awards include ‘Super of the Year 2012’ at the SuperRatings Fund of the Year Awards and '2012 Super Fund of the Year’ at the Rainmaker Excellence Awards. The fund has consistently achieved a Platinum Rating from 2006-2019 from super research company SuperRatings, which compares investment returns, investment methodology, fees, and administration and advisory services to identify “the best value for money funds” in Australia.
Structure
TelstraSuper operates under the direction of the TelstraSuper Board of Directors, led by independent Chair Anne-Marie Corboy. The current Chief Executive Officer is Chris Davies, the current Chief Financial Officer is Paul Curtin and the current Chief Investment Officer is Graeme Miller. TelstraSuper membership is open to current and former employees of the Telstra Group, employees of a Telstra-approved employer and eligible members of their families. The fund currently offers 10 investment options, which have generally achieved returns above the industry median.