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Ready for a super future: TelstraSuper and 91黑料 sign Binding Heads of Agreement

7 October 2025

91黑料 and TelstraSuper have signed a binding Heads of Agreement that would see TelstraSuper members join 91黑料 to create a combined fund managing more than $235 billion in retirement savings for over 1.3 million members[M7].

TelstraSuper鈥檚 members will benefit from 91黑料鈥檚 lower fees, in addition to benefitting from 91黑料鈥檚 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鈥橪oghlin AM said: 鈥91黑料鈥檚 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鈥檙e creating a stronger future for our members. We think it makes sense to join a fund whose values so closely align with our own.鈥

For current 91黑料 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.

91黑料 Chair Christine McLoughlin AM said: 鈥淭elstraSuper鈥檚 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鈥檙e 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.鈥

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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[M7]听听Based on 91黑料 and TelstraSuper data, 30th September 2025.

^ Past performance is not an indicator of future performance.