TelstraSuper Review (2026) — Fees, Performance, and Key Features
This article provides general information only and does not constitute financial advice. For advice tailored to your situation, consult a licensed financial adviser. Learn more.
Contents
TelstraSuper is a corporate superannuation fund originally established for Telstra employees. Since opening its membership, TelstraSuper has become available to all Australians while maintaining its roots in the corporate sector. It operates as an industry-style fund with a profit-to-members structure.
Key Facts
| Feature | Detail |
|---|---|
| Fund type | Corporate / industry-style (profit-to-members) |
| Membership | Originally Telstra employees; now open to all |
| Regulator | APRA-regulated |
| Website | telstrasuper.com.au |
Products
- TelstraSuper Corporate Plus — for Telstra employees
- TelstraSuper Personal Plus — open to all Australians
Fees
TelstraSuper’s fees are competitive:
- Administration fee: Low dollar-based fee (competitive with industry funds)
- Investment management fees (ICR): Competitive across options
For current fees, check the TelstraSuper PDS or the ATO YourSuper tool.
Investment Options
TelstraSuper offers a range of investment options:
- MySuper Balanced (default)
- Conservative
- Moderate
- Growth
- High Growth
- Cash
- Fixed interest
- Property
- Shares (Australian and international)
- Socially responsible investing
Performance
TelstraSuper has historically been a strong performer among Australian super funds, consistently ranking well in independent assessments. However, past performance is not a reliable indicator of future performance.
Check the ATO YourSuper comparison tool for the most current performance data.
Insurance
TelstraSuper provides default death, TPD, and income protection cover for eligible members. Insurance arrangements for Personal Plus members may differ from Corporate Plus members.
APRA Performance Test
TelstraSuper has performed strongly against APRA benchmarks. Check the current APRA Heatmap or ATO YourSuper tool for the most recent data.
Who TelstraSuper Suits
- Current or former Telstra employees
- General members who want competitive fees combined with strong performance history and an industry-style fund structure
Frequently Asked Questions
Is TelstraSuper open to non-Telstra employees? Yes — TelstraSuper is open to all Australians as a personal member, not just Telstra employees. You can join TelstraSuper directly by selecting it as your choice fund and completing a membership application. However, some TelstraSuper products (particularly corporate plan arrangements) remain exclusive to Telstra group employees. Check TelstraSuper’s website for current open membership terms.
Has TelstraSuper passed the APRA performance test? TelstraSuper has consistently performed well on the APRA annual performance test and has established a track record as a strong-performing mid-size fund. Check the ATO’s YourSuper tool (ato.gov.au/yoursuper) for the current year’s test results. TelstraSuper’s strong APRA performance test track record is one of its key differentiators from average-performing funds.
How large is TelstraSuper compared to major industry funds? TelstraSuper manages approximately $25–28 billion in assets — significantly smaller than AustralianSuper ($330+ billion) or Australian Retirement Trust ($240+ billion), but substantially above the threshold for efficient operation. The fund’s smaller size may allow more nimble investment management but provides less scale for institutional investment opportunities (such as large direct infrastructure deals) available to the largest funds.
Does TelstraSuper offer direct investment options (shares, ETFs)? TelstraSuper offers a member direct investment option for PersonalPlus members, allowing access to a range of ASX-listed shares and ETFs within super. This option is not available in all TelstraSuper products — check the specific product PDS or TelstraSuper’s website for current menu details. A cash account and term deposits are also typically available within the direct option.
What investment options does TelstraSuper offer? TelstraSuper offers a range of investment options from defensive to high growth, including an indexed (passive) option for fee-conscious members. The fund also offers a socially responsible investment option. For members who want to customise their asset allocation without direct share picking, the diversified options provide varying growth/defensive splits at professionally managed fee rates.
Is TelstraSuper suitable as a long-term fund choice? TelstraSuper’s combination of strong APRA performance test results, competitive fees, broad investment menu, and direct member access (for non-Telstra employees) makes it a credible choice for long-term super accumulation. As with all funds, monitor performance, fees, and product features annually using the YourSuper tool. The fund’s strong governance and member-focus as an industry-style fund provide a sound foundation for long-term wealth accumulation.
Past performance is not a reliable indicator of future performance. For advice on whether TelstraSuper suits you, speak with a licensed financial adviser via MoneySmart. For more: Super Fund Comparison Table.