Pick and choose your investments with our take on self-directed investing in super

February 23, 2024

Tagged in:

RetireAccess Income Stream members can now access our self-managed investment option available through our easy-to-use online platform, Direct Access.

Mature man is working from home

TelstraSuper Direct Access gives members even more control over how their super savings are invested.  RetireAccess income Stream members can choose from almost 50 exchange traded funds, listed shares and term deposits through the Direct Access platform.

TelstraSuper CEO Chris Davies says that the offering was expanded to include retired members late last year.

"Direct Access can be a great alternative for those that want more control of their investments, but without the compliance and reporting requirements of a self-managed super fund (SMSF),” says Mr Davies.

"Members also get access to the benefits of being a TelstraSuper member such as advice services from TelstraSuper Financial Planning and more."

Importantly, there are eligibility requirements in place to help protect members' retirement savings such as a minimum initial and ongoing account balance requirements in their RetireAccess account and an initial minimum investment in Direct Access.*  Members also get access to a range of research, news and market summaries to help inform their decision making.

“Direct Access is designed for highly engaged members looking to actively manage their super without needing to set up an SMSF” says Mr Davies. “We then support these members with a range of resources to help them stay informed and make the most of their superannuation .” 

*Direct Access is not available for Transition to Retirement and Term Allocated Pension account holders and cannot be accessed if you have nominated a reversionary beneficiary. Other conditions apply.

FIND OUT MORE ABOUT DIRECT ACCESS

Want some help?

At TelstraSuper we’re here to help you build a brighter financial future. TelstraSuper Financial Planning has a team of phone-based Advisers who can provide you with simple general advice about Direct Access and RetireAccess. There's no additional charge for this phone-based service as this is included in your TelstraSuper membership. If you require further personalised advice, TelstraSuper Financial Planning have comprehensive Advisers who can assist you with portfolio construction of ETFs and term deposits with Direct Access.  Fees may apply. They can be contacted on 1300 033 166 or fill in our online form.

 

Any general advice has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice, you should consider whether it is appropriate to your individual circumstances. Before making any decision, you should obtain and read the relevant Product Disclosure Statement and Target Market Determination or call us on 1300 033 166 for copies of these documents. You may wish to consult an adviser before you make any decisions relating to your financial affairs. To speak with an Adviser from TelstraSuper Financial Planning call 1300 033 166.