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.

  • MySuper Silver
Fund data valid as of July 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
5k $129 $154 -$25
50k $583 $612 -$29
100k $1,088 $1,127 -$39

Investment Allocation

Intl shares 26.0%
Aus shares 26.0%
Property 8.0%
Alternative 5.0%
Fixed interest 28.0%
Cash 6.0%
Other 1.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.50%
Investment Fee 0.51%
Switching Fee $0
Exit Fee $0
Account Size Discount Yes
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

Membership 228,544
Total Assets $4,617,342,362
Year Started 2013
Target Market All Industries
Offered to Public? No
Fund Type Master Trust-MySuper

Fund Highlights - provided by BT Business Super - MySuper

Low cost insurance tailored specifically to suit employees.
Online reporting and up to date plan and investment information.
Access to a policy committee service.
24 hour 7 day a week access to online transactional facilities and an automated phone service.
High Automatic Acceptance Insurance Level amounts.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 0.09%
Conservative Balance 0.11%
Growth 0.15%
Capital Stable 0.11%
  • 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 Business Super was launched in 1992 by BT Financial Group which is part of Westpac Group. The fund offers a range of features, one being their intuitive Wealth Review program, which aims to help members reach their financial and overall wellbeing. The Wealth Review program is a 2017 Best New Innovation of the year Finalist.

BT Business offers members a MySuper authorised, age-based default Lifestage investment strategy. Members are placed in one of seven actively-managed investment strategies, depending on the decade they were born. Growth assets automatically decline as the member approaches retirement. While limited performance history is currently available, the rated MySuper 1960s Lifestage Fund has performed below the SuperRatings Index over the short term. Choice members can select from the extensive investment menu and returns may vary depending on the option and manager selected.

Fees are lower than the industry average across all balances assessed. Discounts are provided for Choice members with account balances $50,000 and over.

BT Business Super offers members a full suite of insurance. Death cover is unlimited to age 65, and Income Protection (IP) insurance covers up to 90% of salary with a choice of 30, 60 or 90 day waiting periods and a 2 year or to age 65 benefit period.

Financial planning services are available for members, and the website caters to employers, 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.