Accepting the award of behalf of the Fund, TelstraSuper Chief Financial Officer Paul Curtin said that TelstraSuper has had the privilege of helping members for more than 30 years.

“Over the past 18 months, we have continued to enhance our retirement offering to ensure we are supporting members in making improved financial decisions as they approach - and enter - retirement,” said Mr Curtin.“We are proud of the Fund’s achievements, but more importantly what we have been able to do for the benefit of our members.”

TelstraSuper has undertaken a significant program of work, including  uplifting the online member portal to provide tailored retirement dashboards, new tools and calculators, and retiree-specific content. 

The Fund also launched four new Lifestyle investment options that are aimed specifically at retirees. The options – that offer a different asset mix as well as greater tax efficiencies – also have an innovative cash allocation feature.

Each option incorporates an innovative Cash Allocation feature which enables retirees to allocate a certain amount of money into a cash investment option on a monthly basis. The member can then draw their income from this cash portion, reducing the likelihood of needing to sell assets at a lower price during a market downturn. 

“We want to help our members and their families have the confidence to enjoy a better life than they ever imagined,” said Mr Curtin. “Retirement planning is vital to this, and particularly relevant for TelstraSuper given the average member age is just over 50.”

“Thank you to the entire TelstraSuper team including our Chair Anne-Marie O’Loghlin, our Board, CEO Chris Davies and the 300 plus employees that work at the Fund, we’ll enjoy celebrating this win.”

The SuperRatings award is the second time TelstraSuper’s pension offering has been recognised recently, with the fund also named the 2022 Chant West Pension Fund of the Year in May.

“We’re delighted to be recognised as retirement leaders,” said Mr Curtin.

About TelstraSuper
TelstraSuper is an award-winning profit-to-member super fund that anyone can join. We support our members to grow and protect their retirement savings with an emphasis on strong long-term returns, competitive fees, and providing a leading member experience.