The Board overseeing Catholic Super and the Board of TelstraSuper have signed a binding Heads of Agreement and agreed to proceed with a ‘merger of equals’ between the two funds.

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We’re making some changes to our super offer

On 1 July 2023, we’ll be making a number of changes to our super offer.

As many members will recall, in 2019 Catholic Super entered a joint venture with Equip Super that resulted in a merger between the two Funds in 2021. Catholic Super members have already enjoyed several benefits from this merger, most notably through a substantial reduction in investment fees.

The changes we’re making as at 1 July 2023 will consolidate how we administer and operate the Fund. This will mean better outcomes for you through an overall reduction in fees, a more streamlined and consistent service experience, and an improved menu of investment options. Importantly, these changes will also strengthen our foundation as a Fund and position us well for future growth.

Frequently asked questions

During the transition period there will be impacts to some of the services we provide. This limited-service period will run from 4:00pm on Friday 23 June until 4:00pm on Tuesday 18 July 2023 AEST. During this time, our team will be doing all that we can to ensure any disruptions are kept to a minimum. Key service disruptions are as follows. 

Member website access

You won’t be able to access your member account online from 4:00pm on Friday 23 June 2023 until 4:00pm on Tuesday 18 July 2023 AEST.

Service Centre

Our Service Centre will still be available during this limited-service period but will have reduced functionality and may not be able to provide you with transaction details.

Investment switches

Investment switches won’t be processed from 4:00pm on Friday 23 June 2023 until after 4:00pm on Tuesday 18 July 2023 AEST. You won’t be able to lodge investment switch requests online during this time, but if we do receive a form to change your investments during this period, we’ll hold it and process it after Tuesday 18 July 2023. If you lodge multiple switch requests during this time, we’ll process only the one we received most recently.

Processing payments

During the limited-service period we’ll continue to process the following types of payments but will only be able to release up to 80% of your balance (as at 30 June 2023), with any remaining amount released after Tuesday 18 July 2023:

  • financial hardship requests
  • compassionate grounds releases
  • death benefits
  • terminal illness benefits
  • total and permanent disablement (TPD) benefits, and
  • Division 293 tax payments.

Other payments and transfers to other super funds will be paused until after Tuesday 18 July 2023.

Service Centre

Our Service Centre will still be available during this limited-service period but will have reduced functionality and may not be able to provide you with transaction details.

Contributions

We recommend that you or your employer make any contributions to the Fund before 4:00pm Friday 23 June 2023 AEST to allow time for them to be allocated to your account before the end of the financial year.

Contributions received by 5:00pm Friday 30 June 2023 AEST will be reported to the Australian Taxation Office (ATO) as having been received in the financial year ended 30 June 2023. Contributions received after Friday 23 June may not be allocated to your account until the limited-service period ends after Tuesday 18 July 2023.

Catholic Super members will be able to log in to their MyLife Online accounts after the Limited-Service Period on Tuesday 18 July.

If you are a current Catholic Super member you will need to re-register for MyLife Online.

On or after Tuesday 18 July, please go to the login page at csf.com.au.

Click on the link that allows you to reset your account access.

You’ll need your member number and date of birth, and we must have a valid email address recorded for you.

If you don’t have an email address recorded on your account, you’ll need to call our Service Centre from Wednesday 19 July to re-register for online access.

Our Service Centre will still be available during this limited-service period but for general enquiries only as they will have reduced functionality and may not be able to provide you with transaction details.

Your BPAY® Biller Code and Reference Number for making personal voluntary contributions to your super account will change.

We’ll send your new BPAY Biller Code and Reference Number after 1 July. You’ll also be able to find these details when you log into your account after 18 July.

Yes, all members who are with Catholic Super (including those who were previously MyLife MySuper or Transport Super) will be able to access MetApply through MyLife Online from 18 July.

Your BPAY Biller Code will be disabled on 30 June and you will be unable to contribute by BPAY using this number. If you tried to contribute via your bank, you will have received an error message saying that BPAY Biller Code is not recognised. A new BPAY Biller Code will be sent to you in late July.

No. A new BPAY Biller Code will be provided to you in late July. Members will be sent this code via email or post according to their communication channel preference.

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