BT Financial Group

Asset Administrator - Pension

No. of members: 811389
Fund size: $69.6b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2017
Past 5-year return
New
Admin fee

$575

Calc fees on 50k

$1.2k

SuperRatings awards
Past 5-year return
New
Admin fee

$575

Calc fees on 50k

$1.2k

SuperRatings awards

Pros and Cons

Pros and Cons

  • No information has been provided by the fund to SuperRatings.

Summary

Asset Administrator Pension enables adviser networks and authorised holders of an Australian Financial Services Licence to distribute the Panorama Super product to their clients.Asset Administrator Pension offers a suite of diversified and single sector managed funds, as well as a wide range of managed portfolios, term deposits and cash. Members may also choose to have income from dividends or distributions paid directly into the cash allocation of the portfolio. The Pendal Wholesale Plus Active Balanced Fund underperformed the relevant SuperRatings Index over the 3 years to 30 June 2019; however, the extensive investment menu means returns may vary depending on the option and manager selected. Fees are higher than the industry average across all account balances assessed. The administration fee is tiered and will decrease from $250,000 and will not be charged after $2 million. There are no switching fees, although a buy-sell spread may apply.Asset Administrator Pension offers good pension flexibility, with members able to select from weekly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members may also select from binding and non-binding death nomination, as well as reversionary pensions.The BT Panorama mobile app is available to Asset Administrator members, providing account information, investment trading facilities and interactive portfolio performance history tools that can be used across multiple mobile devices. The fund also provides financial advisers with a range of sophisticated portfolio management and administrative features, as well as real-time reporting for greater transparency.

Features and Fees

BT Fees and Features

    Pros and Cons

    • No information has been provided by the fund to SuperRatings.

    Asset Administrator Pension enables adviser networks and authorised holders of an Australian Financial Services Licence to distribute the Panorama Super product to their clients.Asset Administrator Pension offers a suite of diversified and single sector managed funds, as well as a wide range of managed portfolios, term deposits and cash. Members may also choose to have income from dividends or distributions paid directly into the cash allocation of the portfolio. The Pendal Wholesale Plus Active Balanced Fund underperformed the relevant SuperRatings Index over the 3 years to 30 June 2019; however, the extensive investment menu means returns may vary depending on the option and manager selected. Fees are higher than the industry average across all account balances assessed. The administration fee is tiered and will decrease from $250,000 and will not be charged after $2 million. There are no switching fees, although a buy-sell spread may apply.Asset Administrator Pension offers good pension flexibility, with members able to select from weekly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members may also select from binding and non-binding death nomination, as well as reversionary pensions.The BT Panorama mobile app is available to Asset Administrator members, providing account information, investment trading facilities and interactive portfolio performance history tools that can be used across multiple mobile devices. The fund also provides financial advisers with a range of sophisticated portfolio management and administrative features, as well as real-time reporting for greater transparency.

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    BT Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      CONSERVATIVE BALANCE
      AUSTRALIAN SHARES
      PROPERTY
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      Product
      Past 5-year return
      Admin fee
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      Calc fees on 50k
      Features
      SuperRatings awards
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