Telstra Super Pty Ltd ABN 86 007 422 522
SEPTEMBER 2015 | VOLUME 20 | ISSUE 1
Your super for life Just because you change jobs, doesn’t mean you have to change your super fund too. We’re here for your whole working life and beyond. Telstra Super is your super fund for life. No matter where you work, or even if you’ve left work behind for good, we’re here to help ensure you enjoy a financially secure future. By staying with us, you continue to enjoy all the benefits and services you are used to, including: Competitive fees and investment returns
What do I need to do to stay with Telstra Super? Staying with us is easy! Whether you are working for the Telstra Group or for another employer, you can keep your super with us. If you are leaving the Telstra Group, your super will be automatically transferred into Telstra Super Personal Plus. If you’re already working for someone other than the Telstra Group, your account details will stay exactly the same.
Have questions? We have answers We know that changing jobs can often be a busy and stressful time, with lots of paperwork to complete. But don’t worry, we’re here to help. If you have any questions or need a hand with any of the details or next steps, let us know by phone or email – we’re here to help!
broad range of investment A options
Keep building your super savings
Call 1300 033 166 8.00am to 5.30pm (Melbourne time) Monday to Friday
Affordable and flexible insurance options
When you do start your new job, getting your employer to contribute to your account is easy; you just follow the 3 steps below:
Email contact@telstrasuper.com.au
Online access to check and manage your account Member education seminars to ensure you get the most out of your super Access to expert financial advice through Telstra Super Financial Planning.
1. Request an Employer Contribution Kit online or by calling 1300 033 166 2. Complete the Standard Choice form provided by your new employer and make Telstra Super your choice 3. Return the Standard Choice form to your employer along with your Employer Contribution kit. Once your employer returns the paperwork to us, they will be set up to add regular payments to your super.
To retirement and beyond The benefits of an income stream for those approaching (and in) retirement.
We know it seems a little bit ironic, but did you know you could benefit from a retirement income stream even before you retire? If you’re over the age of 56 (the current preservation age) and either thinking about winding down from work or have already left, it may be something worth considering. Why choose a retirement income stream? The point of a retirement income stream is to use your super balance to either supplement or replace the regular income you earn during your working life. • So if you’ve already retired, you can still be ‘paid’ similar to how you were while still in the workforce. • If you’re still working, you can set up an income stream as part of a Transition to Retirement strategy to help boost your super or cut back on your current working hours, without affecting your take-home income.
Your money
Your super
Reach 56
Your retirement income
By setting up a retirement income stream, you can also benefit from extra tax advantages such as tax-free investment earnings and (depending on your age), tax-free income payments too. How it works A retirement income stream is set up with some (or all) of your super, which is then accessed via regular income payments. You have the flexibility to choose how frequently you receive your income payment and how much you are paid, although minimum annual income payment standards do apply. You also have the ability to choose how your money is invested, so you can adopt an investment strategy with a level of risk that you are comfortable with.
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Find out more We’ve recently given the ‘Life changes’ section of our website a facelift to help make understanding retirement income streams even easier. Visit www.telstrasuper.com. au/lifechanges to find out more. If you’d rather get personal advice about how an income stream could suit your goals and circumstances, call us to discuss your advice needs on 1300 033 166 between 8.00am and 5.30pm (Melbourne time) Monday to Friday.
What type of retirement income is right for you? Are you currently age 56 or over?
Unfortunately you must have reached preservation age to start a retirement income.
Are you currently working?
To find out more, visit www.telstrasuper.com.au
No, I’m retired
No
Yes
Yes, but I’m about to retire
Yes, I’m currently working
What is your super savings goal between now and your retirement?
Less tax, more super!
Work less
A Telstra Super RetireAccess income stream may be right for you!
A Transition to Retirement strategy may be right for you!
Visit www.telstrasuper.com.au/retirement for more information.
You may be able to use a TTR income stream to salary sacrifice into super while receiving tax-effective income payments. More information at www.telstrasuper.com.au/TTR
I’d like more information If you have questions, we'd love to hear from you! Call us on 1300 033 166 to discuss your advice needs. Visit www.telstrasuper.com.au/retirement
Apply today Ready to take the next step?
Apply for a Telstra Super RetireAccess retirement or TTR income stream today 1. Make sure you have everything you need using our handy checklist at www.telstrasuper.com.au/checklist 2. Download your application form at www.telstrasuper.com.au/forms
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Direct Access members can now invest in ETFs Did you know we now offer a range of Exchange Traded Funds (ETFs) through our Direct Access investment platform? ETFs are similar to shares, in that they are both traded on an exchange. The difference however, is that ETFs are made up of a collection of securities and usually represent a particular market index. ETFs can be used as an efficient, cost-effective way to access targeted areas of investment, such as an international region or a specific market sector, without having to select individual shares.
Call 1300 033 166 8.00am to 5.30pm (Melbourne time) Monday to Friday Web www.telstrasuper.com.au Email contact@telstrasuper.com.au
www.telstrasuper.com.au/directaccess
Improve your super education We run regular education seminars online and around Australia to help our members learn more about super and their retirement savings options. If you think you could benefit from boosting your super IQ, visit www.telstrasuper.com.au/seminars to find out more.
This magazine has been prepared by Telstra Super Pty Ltd, ABN 86 007 422 522, AFSL 236709, the trustee of the Telstra Superannuation Scheme (Telstra Super), ABN 85 502 108 833. PO Box 14309 MELBOURNE VIC 8001, Telephone 1300 033 166 Š Telstra Super Pty Ltd, April 2015 The information contained in this publication is correct as at September 2015 and may change in the future. This information is general advice only and does not take into account your individual objectives, financial situation or needs. Before acting on any advice you should assess whether it is appropriate for you and consider talking to a financial adviser. Before making any decision about acquiring any product, you should obtain and review its Product Disclosure Statement by calling 1300 033 166 or visiting www.telstrasuper.com.au. Telstra Super Pty Ltd does not recommend that any member make a decision concerning superannuation arrangements based solely on this publication. References in this document to Telstra Super Financial Planning are references to Telstra Super Financial Planning Pty Ltd (ABN 74 097 777 725). Telstra Super Financial Planning Pty Ltd is a legal entity separate to Telstra Super Pty Ltd. Telstra Super Financial Planning Pty Ltd is a licensed financial adviser (AFSL 218705) and is able to provide financial advice about Telstra Super products to members of Telstra Super. Telstra Super Pty Ltd does not endorse or accept responsibility for the information or advice provided by Telstra Super Financial Planning Pty Ltd. The investment returns from any Telstra Super product are not guaranteed. Ž is a trademark in Australia of the Telstra Corporation Limited.