RateCity.com.au
Advertisement

BT Business Super - MySuper

Past 5-year return
New fund
Admin fee
$78
Calculated Fees on 50k
$753
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.
BT Business Super is MySuper compliant and was established in 1992 by BT Financial Group. The fund offers employers and self-employed individuals numerous investment options to provide the choice and flexibility.The BT Business MySuper option places members in one of seven lifestage investments, which are based off the decade the member was born. Growth assets held within the investment strategy will automatically decline with age. The MySuper 1960s Lifestage Fund has underperformed the SuperRatings Index over the three-year period to 30 June 2017. Members who wish to make an investment choice, may also select from a wide range of managed funds. Fees are higher than the industry average for most of the assessed account balances. No switching or exit fees are charged; however, a buy-sell spread may be charged when investing or withdrawing from options.BT Business allows eligible members the ability to apply for an unlimited amount of Death cover and $5 million of TPD cover. Income protection is also available for up to 90% of the salary (including a super contribution) to a limit of $30,000 per month. Members are applicable to increase their voluntary death and TPD insurance upon certain personal or business events without having to provide any additional medical underwriting.This product provides members with the ability to access their accounts at anytime with BT Online, as well as a range of educational materials, calculators and reporting facilities on the fund's website. Members also have access to discounting services on everyday items with the fund's Benefits Now program.

Fees & fund features

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
0.50%
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
0.50%
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
Compare your product with the big 4 banks, or add more products to compare