Members who didn't choose an option were automatically invested in the MySuper option, a lifestage option that invested according to their age. Members could switch to another investment option at any time. These options closed to new members when TelstraSuper merged into Aware Super on 30 April 2026.
We currently don't have that product, but here are others to consider:
How we picked these
The information in this table is based on data provided by SuperRatings Pty Limited ABN 95 100 192 283, a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, Australian Financial Services Licence No. 421445. In limited instances, where data is not available from SuperRatings for a product, the data is provided directly by the superannuation fund.
*Past performance data and fee data is for the period ending June 2026
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TelstraSuper offers 3 types of investment options for you to choose from: Lifestage (MySuper), pre-mixed or single-sector options. If you don't want to choose an option, your super will be invested in the MySuper lifestage investment option.
TelstraSuper Pre-mixed options are diversified portfolios that invest in a mix of different asset classes including shares, property, fixed interest and cash. They're designed for investors who only want a minimal amount of hands-on involvement with their super.
| Pre-mixed investment options | Risk level | Asset allocation |
|---|---|---|
| MySuper (Lifestage) This is the default option. With this option, you'll be invested in the Growth option while you're under 45, the Balanced option while you're 45-65 and the Conservative option when you're 65 and older. |
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| Growth This option has the highest allocation towards growth assets of all the pre-mixed options, and is designed for higher growth over the long term. It targets around 83% allocation to growth assets including local and international shares and private markets. |
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| Balanced This option has a slightly lower target allocation to growth assets than the Growth option, with around 69% allocation to growth assets. |
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| Diversified Income This option is designed to offer a more even mix of both growth and defensive assets, with the aim of providing less volatility in returns than the Balanced option along with more reliable |
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| Defensive Growth This option has a similar risk level and target asset allocation to the Diversified Income option. It's designed to have less risk of negative returns in the short term compared to the Balanced and Growth option, while still offering more long-term growth than the Conservative option. |
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| Conservative This option has the lowest risk level of all the ready-made options, with around 69% target allocation to defensive assets including cash and bonds. It's designed for investors with a shorter investment timeframe (e.g. if you're closer to retirement) or those with a low risk tolerance. |
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*Historical asset allocation as at September 2022, the last published figures before TelstraSuper merged into Aware Super on 30 April 2026. May not reflect current Aware Super settings.
These single-sector options are single asset class portfolios. You decide how much you want to invest in each of the options listed below.
Before the merger, TelstraSuper members could access the following types of insurance cover through their super:
TelstraSuper no longer accepts new members. On 30 April 2026, TelstraSuper merged into Aware Super by a successor fund transfer, and all TelstraSuper members were transferred into Aware Super. If you were a TelstraSuper member, you can manage your account and check your balance by logging into Aware Super directly.
DISCLAIMER: This article may contain general advice. You should consider your own personal circumstances before deciding if a superannuation product is right for you. Superannuation is a long term investment and past performance is not indicative of future performance.
SPONSORED: With MySuper Lifecycle, Aware Super offers an investment approach that automatically adjusts your investment mix to your age over time.
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