BT SuperWrap - Personal Super Plan
- Last updated on 15 Aug 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$95
$1.1k
BT SuperWrap Personal Super Plan was established in 1999 and has been designed to provide a wide range of investment options to members and their authorised advisor. 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 BT Wholesale Balanced Returns option underperformed the relevant SuperRatings Index over the 10 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. 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 Personal Super Plan's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $5 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection with a benefit period of 2 years, 5 Years or to age 65, covering up to 80% of salary, is available following 14 day through to 720 day waiting periods. 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 a specified term.
Admin fee $95 | Health insurance |
Administration fee (%) 1.01% | Binding nominations |
Indirect cost ratio (%) 0.91% | Anti-detriment payments |
Exit fee $0 | Switching fee $30.5 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee | Long term income protection |
Account size discount |
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | |
|---|---|---|---|---|---|---|---|---|
4.50% | $635 | BT Panorama - Super Full Menu | $1.3k | Advisory services Death insurance Income protection Online access Term deposits Variety of options |  | More details | ||
3.48% | $78 | BT Super for Life - Savings | $623 | Advisory services Death insurance Income protection Online access Term deposits Variety of options |  | More details | ||
2.14% | $95 | BT SuperWrap - Personal Super Plan | $1.1k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
New Fund | $275 | BT Panorama - Super Compact Menu | $845 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
New Fund | $635 | BT SuperWrap Open - Personal Super Plan | $1.2k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
New Fund | $78 | BT Super for Life - MySuper | $583 |