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What the Researchers Say:

A "reasonable value for money" fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.
You should contact your financial adviser or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of June 30, 2017

Typical Fees

Balance This Fund Industry Average Difference
5k $99 $152 -$53
50k $990 $598 $392
100k $1,980 $1,099 $881

Investment Allocation

Intl shares 16.0%
Aus shares 28.0%
Property 7.0%
Alternative 14.0%
Fixed interest 31.0%
Cash 4.0%

Fees & Charges

Administration Fee ($) $0
Administration Fee (%) 0.10%
Investment Fee 1.88%
Switching Fee $0
Exit Fee $0
Account Size Discount No
Employer Size Discount No

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Total Assets $2,078,128,554
Year Started 1995
Target Market All industries
Offered to Public? Yes
Fund Type Master Trust-Personal

Fund Highlights - provided by BT Lifetime - Personal Super

A range of over 20 quality investment options to select from.
Minimum initial investment of either a one off payment of $3,000 or an initial contribution of $2,000 with a regular investment plan of at least $100 a month.
Competitive insurance rates for Death and Death and Total Permanent Disability available.
No additional charges applied when switching investments.
Interactive education online service containing newsletters and videos

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 8.67%
10.53%
8.67%
10.53%
1.18%
2.81%
4.66%
9.60%
7.87%
12.66%
14.18%
14.73%
Fund
Benchmark
High Growth 12.81%
14.11%
12.81%
14.11%
0.48%
0.68%
8.11%
11.66%
10.89%
15.76%
19.87%
20.40%
Fund
Benchmark
Conservative Balance 6.22%
7.20%
6.22%
7.20%
1.93%
2.82%
9.08%
7.28%
9.96%
9.64%
12.46%
11.26%
Fund
Benchmark
Growth 10.57%
11.84%
10.57%
11.84%
-0.38%
2.10%
11.73%
10.71%
12.59%
14.01%
16.15%
17.11%
Fund
Benchmark
Australian Shares 14.34%
13.37%
14.34%
13.37%
-1.86%
1.50%
8.18%
5.70%
15.75%
16.77%
21.25%
21.07%
Fund
Benchmark
Overseas Shares 24.89%
16.57%
24.89%
16.57%
9.16%
-2.30%
30.93%
19.16%
20.97%
17.63%
24.01%
26.14%
Fund
Benchmark
Capital Stable 2.06%
3.36%
1.06%
5.66%
4.69%
7.34%
6.35%
8.29%
Fund
Benchmark
Property -4.70%
7.61%
-4.70%
7.61%
21.32%
12.55%
18.25%
10.78%
8.70%
9.09%
20.93%
10.99%
Fund
Benchmark
Cash 1.66%
1.72%
1.66%
1.72%
1.29%
1.90%
1.63%
2.25%
1.51%
2.42%
2.08%
2.94%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2016, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

BT Lifetime Super Personal Plan was launched in 1995 by BT Financial Group. The fund offers a range of features, one being their intuitive Wealth Review program, which aims to help members reach their financial and personal goals. The Wealth Review program is a 2017 Best New Innovation of the Year Finalist.

The BT Lifetime Personal Plan offers members an investment menu with a choice of over 20 options across a variety of asset classes and risk profiles. The fund's BT Balanced Returns CF option has underperformed the SuperRatings Index in the short and long term.

BT Lifetime Personal Plan's fees are higher than the industry average across all account balances assessed. No fees are charged for switching investments or exiting, although a Buy/Sell spread will apply.

BT Lifetime Personal Plan offers members Death Only cover and Death and Total & Permanent Disablement (TPD) Cover. The product provides the option to apply for unlimited Death cover and up to $3 million of TPD cover.

Financial planning services are available for members, and the website caters to advisers and members with a range of educational materials, calculators and reporting capabilities. Members can also access the BT Benefits Now program, which offers a range of discounted services such as travel, entertainment and gym membership.


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