BT Superannuation

Yes, BT Super for Life members can manage their super online through their Westpac, St.George, Bank of Melbourne or BankSA online banking portal. If you are not already a customer of one of these banks, you can apply for a Westpac online banking profile to view your super account details, including your balance and performance history.

BT Super Invest and SMSF members can manage their investments online through the BT Panorama Investor website or app.

BT Super offers different investment options depending on the product you choose:

• BT Super for Life invests your super for you by default according to your age. This is done through its Lifestage Fund. Alternatively, you can choose to invest in 38 different options, including managed funds and cash.
• BT Super Invest allows you to choose and manage your own investments. You can choose from over 2,300 options, BT says, including managed funds, shares, ETFs, managed portfolios, cash and term deposits.
• BT SMSF also allows you to choose and manage your own investments via a self-managed super fund that BT says it will help you set up and maintain. The product offers a broad range of options including managed funds, shares, ETFs, managed portfolios, cash and term deposits. It also supports property and other investments.

BT says it also offers sustainable investment options across its products.

BT charges a range of fees on its super accounts, including administration and investment fees and costs. The exact cost can differ depending on factors such as the particular super product you choose, your super balance and your investment choices. Check BT’s product disclosure statements (PDS) for more details. You can also use Canstar’s comparison tables to compare BT’s fees on its BT Super for Life product to the other super fund fees on our database.

Compare Superannation

To help you stay on top of your super, it may be beneficial to check your regular super statement closely. Here are some of the factors that could be worth paying attention to:

• Are your personal details up-to-date?
• Are your nominated beneficiaries up-to-date?
• Is your Tax File Number (TFN) correctly recorded?
• Are the super contributions from your employer and/or your voluntary contributions correct?
• Are your investment asset class choices appropriate for your life stage?
• Are you happy with the amount you’re paying in fees?
• Is your insurance still adequate for your needs, if you decide insurance within super is right for you?
• Have you decided whether to consolidate your super, after checking whether there is insurance or any other benefits attached to the account you may lose and if you’re comfortable to do so?
• The big picture – are you happy with your super fund overall?

Compare Superannation

BT says you can consolidate your super accounts using its online Rollover Tool. BT says it will contact your other funds to arrange a full rollover into your BT super account.

You can also consolidate your super through the Australian Taxation Office (ATO) via the myGov website.

It’s important to check with your current super fund(s) for information regarding any related costs and any insurance cover you may lose if you switch super funds. Also consider whether consolidating your super is a suitable decision for your life stage and retirement goals.

BT was established in 1969 as the Australian subsidiary of the Bankers Trust Company of New York. In 2002, BT became a part of the Westpac Group. It provides a range of investment, super and insurance products.