Telstra Super
| Industry | Superannuation |
|---|---|
| Headquarters | Melbourne, Australia |
Key people | Chris Davies (CEO), Paul Curtin (CFO), Jim Christensen (CIO), David Leggo (Chairman of the Board) |
| Website | www |
Telstra Super is an award-winning, not-for-profit superannuation fund, open to current and former Telstra Group employees and eligible members of their family. Telstra Super is Australia’s largest corporate superannuation fund with over $16 billion in assets invested on behalf of around 100,000 members. The Telstra Super mission is to help members build a financially secure future.
History
Telstra Super was established in 1990 and has grown to become Australia's largest corporate super fund.[1] 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.[2]
Awards
Telstra Super was named 'Fund of the Year 2015' and 'Super of the Year' in 2015 and 2014 by independent ratings agency, SuperRatings,[3] and named a Top 10 super fund for 2013 by independent ratings agency Chant West.[4] Other awards include ‘Super of the Year 2012’ at the SuperRatings Fund of the Year Awards[5] and '2012 Super Fund of the Year’ at the Rainmaker Excellence Awards.[6]
The fund has consistently achieved a Platinum Rating 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.[7]
Direct Invest Option
Telstra Super allows members to directly manage their super investment. The direct investment option appears to be hosted by UBS as a pass-through platform.
The platform allows members to invest a proportion of their super in their choice of:
•listed securities including Australian Shares, Exchange Traded Funds (ETFs) and other listed securities approved by us, and •Approved term deposits.
Long-term investments
The mix of growth and defensive assets will depend on the mix of investments selected by individual members.
•Term deposits: as possible defensive assets •listed securities including Australian Shares, Exchange Traded Funds (ETFs) and other listed securities approved by us
The UBS platform offers the user the ability to check the price of a share and place orders to sell or buy directly.
Structure
Telstra Super operates under the direction of the Telstra Super Board of Directors, led by independent Chairman David Leggo. The current Chief Executive Officer is Chris Davies, the current Chief Financial Officer is Paul Curtin and the current Chief Investment Officer is Jim Christensen.
Telstra Super membership is currently open to every current and former employee of the Telstra Group (including Telstra, Sensis and Foxtel), employees of a Telstra-approved employer (Telstra Stores) and eligible members of their immediate family. The fund currently offers ten investment options, which have generally achieved returns above the industry median.[8]
References
- ^ "Telstra Super - About Us". Telstra Super. Retrieved 2013-01-22.
- ^ "Our history". Telstra Super. Retrieved 2013-01-22.
- ^ "SuperRatings Awards". SuperRatings. Retrieved 2013-01-22.
- ^ "ChantWest Fund Ratings - Chart 1" (PDF). SuperRatings. Retrieved 2013-01-22.
- ^ "SuperRatings Fund of the Year Awards". SuperRatings. Retrieved 2013-01-22.
- ^ "Rainmaker Excellence Awards". Rainmaker Group. Retrieved 2013-01-22.
- ^ "Ratings and Awards". SuperRatings. Retrieved 2013-01-22.
- ^ "Investment Performance Graph". Telstra Super. Retrieved 2013-01-22.