BT key facts

Here are some useful facts about BT Financial Group and its umbrella of brands.

BTFG

  • BTFG has $130.8 billion in funds under administration.~

Platforms & Investments

  • BT has more than $100 billion in funds under administration across BT’s platforms (BT Wrap, Asgard and Panorama).~
  • BT platforms hold more primary adviser relationships than any other platform provider.*
  • Advisers looking for a new platform in the next 12 months say they are more likely to start using BT Panorama than any other platform.*

Advice

  • BT has more than 1100 financial advisers.~
  • BT’s financial advisers have an average customer rating of 4.89 out of 5.^^

Private Wealth

  • BT’s Private Wealth business was rated the most outstanding private bank^ for clients with investable assets of $10 million+.

Superannuation

  • BT Super for Life has $6.5bn in retail funds under management (FUM) on behalf of 506,000 customers.~

Insurance

  • BT’s life insurance business is the fastest growing amongst planners advising on risk between 2010 and 2016.#
  • BT’s life insurance business received the highest adviser satisfaction ratings for its quality of technical support, brand/reputation and its customer focus.#
  • BT’s life insurance business received the highest adviser satisfaction ratings in nine categories around the claims process including transparency, lodgement, post-claims process, adviser communication and turnaround time for payment.#

Sources:
~Westpac Group full year results as at 30 September 2016.
^^ Westpac Group interim results as at 31 March 2016.
*
Investment Trends, 2016 Planner Technology Report, Part 1: Industry Trends, based on a survey of 878 financial planners.
^2016 Australian Business Banking Awards, August 2016.
#Investment Trends Planner Risk Report: Pt 1 & 2, June 2016

BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) is the operator of BT Panorama. BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 (BTFM) is the responsible entity and issuer of interests in BT Cash. Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 (WFSL) is the responsible entity and issuer of interests in BT Managed Portfolios (together, the Panorama Products). An Investor Guide is available for BT Panorama and a PDS is available for BT Cash and BT Managed Portfolios. You should obtain and consider the relevant disclosure documents before deciding whether to acquire, continue to hold or dispose of interests in the Panorama Products. In addition, BTPS is also the provider of the SMSF Establishment Service and the SMSF Administration Service. A Guide and Terms and Conditions is available for each of these services by contacting BTPS. BTPS, BTFM and WFSL are subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 (Westpac). Apart from any interest investors may have in Westpac term deposits or Westpac securities acquired through the BT Panorama, an investment in or acquired through the BT Panorama is not an investment in a bank or a bank deposit. Westpac and its related entities do not guarantee an investment in or acquired through BT Panorama.