Discover more about the merger and how joining forces with TelstraSuper will benefit your people.
Female overlooking a view
Our profit-for-member fund is growing to guide over 1.3m hard-working Australians. We want to become the most trusted source of advice throughout your employees' retirement journey.[M7]
Our combined fund will manage $235b in retirement savings[M7], helping your employees now and into retirement.
Explore our FAQs to stay informed on how our fund is working with TelstraSuper.
Frequently asked questions
A Binding Heads of Agreement is a preliminary document that outlines the key terms of a proposed agreement between parties, which may include binding clauses for certain aspects like confidentiality or exclusivity.
TelstraSuper is a profit-to-member fund with approximately $28 billion in funds under management serving 88,500 members. Originally established for Telstra employees, the fund is distinguished by exceptional member loyalty and industry-leading satisfaction scores.
Both TelstraSuper and Aware Super place strong importance on help and guidance, particularly for members in retirement. Together, we feel we could deliver better retirement outcomes, lower fees, and enhanced services. It aligns with our commitment to being super helpful, super easy, and delivering super returns.
Aware Super’s innovative and market-leading digital advice can complement TelstraSuper's personalised service excellence. As a bigger fund, we can provide the benefits of scale that can help your employees, who are existing members, reach their retirement goals. Our agreement with TelstraSuper aims to keep costs lower and make investing with super more efficient.
If everything goes well, we’re aiming to complete the transition in the fourth quarter of the 2025-26 financial year. This gives us time to plan thoroughly and ensure a smooth process.
Both funds will continue operating independently throughout the review process. You’ll have full access to all your current services, online account, and our support team as usual. We will continue to provide more detailed information on changes as we approach the merger.
No, you don’t need to do anything at all. We’ll keep you informed of any updates when there is news to share.
Yes, absolutely. We’ve successfully welcomed members from VicSuper, WA Super and other funds in recent years. We’ve invested heavily in our technology and systems to support growth while maintaining high service standards.
Contact our Employer support team or speak to your Relationship Manager.
[M7] Based on Aware Super and TelstraSuper data, 30th September 2025.