New PDS effective 7 May 2008 for BT Lifetime Super – Employer Plan

BT is pleased to announce a new, improved BT Lifetime Super – Employer Plan (LSEP), featuring great enhancements for employers, advisers and members.

Better access to advice

LSEP members now have the ability to pay for (up to) $5,000 worth of financial advice through the fund; increased from the previous limit of $1,000. This option no longer has the requirement for employer-approval, making it easier for members to access quality advice.

Flexibility and control

We’ve introduced 11 new investment options to offer advisers and members more flexibility in investment choice and more control over where their super money is invested. The 11 new investment fund options (which boost the available number by almost a third) are:

SSgA Australian Equities Index Trust
Templeton Global Equity Fund
Fidelity Australian Equities Fund
BT Multi-manager Australian Share
Challenger Wholesale Select Australian Share Fund
APN Property Income Fund No. 2
BlackRock Monthly Income Fund
BT Multi-manager Fixed Interest
Colonial First State Property Securities
BT Multi-manager International Share
SSgA International Equities Index Trust

>> View all the LSEP investment options (listed by asset class)

Salary Continuance Insurance improvements

We’ve responded to requests for better salary continuance insurance (SCI) through LSEP. Employers and advisers can now offer members the chance to apply for SCI that will pay up to 75% of their salary for five years, or even right up to age 65.

A big loss is a big gain

The new Product Disclosure Statement for BT Lifetime Super – Employer Plan has lost 80% of its previous body weight, and is now a slender 23 pages (excluding forms).

It utilises the benefits of incorporation-by-reference to two Customer Information Brochures (CIBs). These are available at bt.com.au for employers, advisers and members that need more detailed information.

Nil withdrawal fee

LSEP now features nil withdrawal fee on a partial or full exit.

What happens now?

Effective 7 May 2008	From now on you only need a hard copy of the BT Lifetime Super – Employer Plan PDS.
Employer application form / Grace Period	Employer application forms relating to the BT Lifetime Super – Employer Plan PDS dated 1 July 2007 will be accepted if : The employer application form was signed and dated prior to 7 May 2008 and received by BT prior to 27 May 2008. Individual consideration will be given to employer application forms that have been signed after 6 May 2008 and received by BT prior to 27 May 2008.

How to access the PDS

Members	Download the PDS Order the PDS by post Email us
Employers	Download the PDS Order the PDS by post Email us
Advisers	Download the PDS By post: Email us Any questions? Contact BT Adviser Relations on 1800 025 127 or your BT Corporate Superannuation Consultant.