BT Financial Group

BT SuperWrap Open - Pension Plan

Past 5-year return
New
Admin fee

$635

Calc fees on 50k

$1.2k

SuperRatings awards
Past 5-year return
New
Admin fee

$635

Calc fees on 50k

$1.2k

SuperRatings awards

MICHAEL KIANG

5.0
7 Reviews

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Pros and Cons

Pros and Cons

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

Summary

BT SuperWrap Open Pension Plan has been designed to provide a wide range of investment options to members and their authorised advisor. This product requires a minimum initial investment of $50,000 to commence membership.BT SuperWrap offers a comprehensive range of more than 500 diversified and single sector managed funds, S&P/ASX 300 listed securities, term deposits, and cash. 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 percentage-based administration fee is capped at $1,500 for account balances over $1,000,000, and there are no switching fees, although a buy-sell spread may apply. A minimum balance of $2,500 must be held in a cash account to facilitate various account transactions. Any associated cash account interest charges have not been included in the calculated fees below. BT SuperWrap Open Pension Plan offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and 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 online account provides members with a consolidated view of all investments and full transparency of taxation entitlements within each account. Eligible members may also protect their investments from market downturns with Wrap Capital Protection, to ensure a minimum amount is received at the end of the specified term.

Features and Fees

BT Fees and Features

    Pros and Cons

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

    BT SuperWrap Open Pension Plan has been designed to provide a wide range of investment options to members and their authorised advisor. This product requires a minimum initial investment of $50,000 to commence membership.BT SuperWrap offers a comprehensive range of more than 500 diversified and single sector managed funds, S&P/ASX 300 listed securities, term deposits, and cash. 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 percentage-based administration fee is capped at $1,500 for account balances over $1,000,000, and there are no switching fees, although a buy-sell spread may apply. A minimum balance of $2,500 must be held in a cash account to facilitate various account transactions. Any associated cash account interest charges have not been included in the calculated fees below. BT SuperWrap Open Pension Plan offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and 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 online account provides members with a consolidated view of all investments and full transparency of taxation entitlements within each account. Eligible members may also protect their investments from market downturns with Wrap Capital Protection, to ensure a minimum amount is received at the end of the specified term.

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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
      HIGH GROWTH
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      INTERNATIONAL SHARES
      CAPITAL STABLE
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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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