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BT Super for Life - Savings

Past 5-year return
8.63%
Admin fee
$78
Calculated Fees on 50k
$608
BT Super for Life is a superannuation product that can take you from your first job through to retirement and every stage in between. One of the main features is that you can see and manage your super every time you log in to internet banking. BT Super for Life can be taken from job to job.
Transactions can be performed online such as switching, updating beneficiary details and obtaining standard insurance. All communications and correspondence are online.
There is an easy online application process that takes just 10 minutes with pre-populated forms.
BT Super for Life is an online, lower cost product that was established in October 2007. Designed as an easy-to-access fund, BT Super for Life offers members the ability to view their super account in Westpac's Online Banking. The fund continues to demonstrate a strong commitment to environmental and social principles and is Infinity recognised.The fund offers 3 pre-mixed strategies, a cash option or 7 actively-managed 'Lifestage' investment strategies. The lifestage option is based on the decade the member was born, with growth assets automatically declining with age. The 1960's Lifestage option is below the SuperRatings Index over the short and long term. The fee structure of BT Super for Life is straightforward, and no fees are charged for establishing or exiting an account, investment switches or withdrawals.BT Super for Life provides members with access to a full suite of insurance. Basic Death and TPD cover is available to all members, with automatic cover provided dependent on the member's age. Additional insurance is available under the customised insurance offering. Income Protection (IP) insurance covers up to 75% of salary, with a choice of 4 waiting periods and 3 benefit periods. Premiums for IP cover are not shown, as they are individually assessed. Financial planning services are available and members can carry out all account-related transactions online.

Fees & fund features-0

Admin fee
Admin fee
$78
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$78
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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