Ready for a super future: TelstraSuper and Aware Super sign Binding Heads of Agreement
7 October 2025
TelstraSuper’s members will benefit from Aware Super’s lower fees, in addition to benefitting from Aware Super’s strengths: a proven track record of delivering strong investment returns^, personalised member support, and market-leading digital advice and planning tools.
TelstraSuper Chair Anne-Marie O’Loghlin AM said: “Aware Super’s strong member-first ethos, commitment to long-term performance, and focus on delivering better retirement outcomes reflect the principles TelstraSuper has always stood for. Together, we’re creating a stronger future for our members. We think it makes sense to join a fund whose values so closely align with our own.”
For current Aware Super members, the scale will allow the Fund to continue to grow its Australian-based call centre and advice services, secure premium investment opportunities and continue its investment in market-leading digital tools.
Aware Super Chair Christine McLoughlin AM said: “TelstraSuper’s legacy of personalised service and member loyalty aligns perfectly with ours, while their corporate expertise will significantly enhance our offering. By combining two of the leading retirement specialists, we’re bringing together best-in-class retirement products, advice services, and exceptional member experience. We believe this will position us to set the new standard for retirement outcomes for Australian superannuation members.”
The Funds will continue to operate independently until the merger is executed via a Successor Fund Transfer, which is expected to occur towards the end of the 2025/26 financial year.
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