10 reasons to stay with Telstra Super
There are many reasons to stay with Telstra Super, but here are our top 10!
1. Low fees - the more you save, the less you pay!
Ongoing value
Telstra Super is committed to providing ongoing value to our members. In fact, in 2008 we reduced our administration fee for members of Telstra Super RetireAccess® and Telstra Super Personal Plus for the fourth time in 4 years, to a low 0.6% pa.
If you are working for Telstra or an associated company, you will be charged an administration fee on the account that they contribute to that is equal to, or less than, most industry funds.
Do you qualify for a rebate?
If your account balance exceeds $500,000 or, if you are an eligible couple who has linked Telstra Super RetireAccess and/or Telstra Super Personal Plus accounts with a combined value exceeding $500,000, you may also receive a monthly administration fee rebate* on the portion of your balance that exceeds $500,000. So as you save more super, you also pay proportionately less in fees.
* the fee rebate will be calculated on the amount of an account balance that at the end of the month exceeds $500,000.
2. As Australia's largest corporate super fund we are an established and trusted provider with over 15 years experience
With over $9 billion funds under management and around 98,000 members at 30 June 2009, we are Australia's largest corporate super fund. We have continued to evolve our products and services to ensure our relevance to members throughout their working lives, and into retirement.
Telstra Super has been named one of SuperRatings 2010 Top Ten Super Funds in Australia. This is the second time Telstra Super has been named a SuperRatings Top Ten Super Fund, adding to the fund's impressive record of being awarded the coveted SuperRatings Award for the last four years running for our personal product and last five years running for our corporate accumulation product.
This award is judged on funds that offer the best 'Value for money' to members across key assessment criteria. Telstra Super's offerings saw the fund rate well above the benchmark in areas of key importance to members including investment returns, fees & charges and advice & education.
SuperRatings are an independent company and its research covers almost 10 million Australian superannuants which represent close to $300 billion of Australians' money.
3. Access to free financial planning - get expert advice at no additional cost
As a Telstra Super member you have access to Australia-wide expert financial planning advice through Telstra Super Financial Planning. Advice is provided to members at no additional cost and financial plans are designed with your entire financial situation in mind, not just your super.
Find out more about the financial advice available to you
4. Consistently competitive investment returns
Superannuation is a long-term investment and Telstra Super has a proven track record of over 10 years of competitive results. When comparing with other products, make sure that you look beyond 12 month returns. With Telstra Super you can be sure that our sound investment philosophy will benefit your super while you are working and into retirement.
See our latest returns alongside our 3, 5, 7 and 10 year investment performance here
5. Free member information seminars across the country
Our free seminars bring expert information directly to you. We offer a choice of lunchtime or evening seminars and cover topics from savings through to retirement planning.
Visit Seminars to find out what education seminars are currently on offer.
6. All day access to your super details through SuperOnline
Your super is one of the biggest investments you'll ever have, so it is important to manage it carefully. SuperOnline provides you secure access to your super details so you can manage your super with ease!
- Personal details - view and update your contact details
- Super balance - check your account balance
- Investment choice- view and change your investment option
- Transaction history - look up transactions and investment detail for each transaction
- Statements - view your latest statement online
- Beneficiaries - ensure your nomination is current.
7. Automatic* insurance and flexible insurance options for you and your family's security
Insurance is often the last thing we think about - and when we do, we insure our house, our car and even our pets, before we think of ourselves. Telstra Super offers flexible and competitive insurance options. Whether it is death cover, TPD or income protection, we can offer you a solution to suit.
Visit the insurance pages under My Super to read more about your insurance options
* Conditions apply.
8. Timely communications to help you make the most of your super
To assist members to maximise their retirement savings, we deliver regular communications throughout the year. Moving Forward, our member magazine, reports on a range of topics of value to members: new superannuation legislation, changes to Telstra Super products and services and general articles on how to maximise your super.
You can also choose one of our free online e-newsletters. Our Telstra Super Financial Planning e-newsletter provides members with the latest financial planning information, while the Investment e-newsletter keeps members up to date with their investment option's performance.
Visit e-publications to subscribe
9. Our Member Services team is dedicated to meeting your needs and are specially trained in super and Telstra Super products
Our Member Services Consultants are experts in all areas of super including Defined Benefits, taxation, insurance, pensions, family law and more. Together, our Member Services Consultants and Telstra Super Financial Planning Super Advisers will help resolve your problem over the phone.
You can call us on 1300 033 166 from 8.00am to 5.30pm (Melbourne time), Monday to Friday.
10. Access to other benefits including discounted health insurance and low cost loans
As a Telstra Super member you can access quality health insurance from leading provider HCF, with a 12% discount on premiums.
Low cost home loans, credit cards, as well as savings products, are also available to Telstra Super members via Members Equity Bank.