BT Lifetime Super – Employer Plan is a superannuation plan set up by employers for their employees. As a member, you could benefit from reduced administration costs and insurance premiums along with other benefits you can enjoy.
Ability to choose from over 30 investment options, including BT MySuper Lifestage investment options to suit your individual financial situation, goals and preference for risk
Monitor your account at any time with BT Online
Access great deals and discounts on everyday items with Benefits Now
Flexible insurance options to suit your individual circumstances
Option 1: Let us invest your super for you
BT's MySuper Lifestage investment option is well-suited for our members who are happy to let the experts manage their superannuation.
Option 2: Choose your own investment mix
Make your own choice about how your super is invested. BT also offers over 30 investment options to create a super portfolio well-suited to your financial goals.
Adding to your BT Lifetime Super – Employer Plan is easy. You can contribute salary sacrifice amounts, spouse contributions, personal after-tax contributions and government co-contributions (if eligible).
BT offers actively managed MySuper Lifestage investment options, building on more than five years’ experience in managing Lifestage Funds for Australians.
There are two insurance options – Standard cover or Tailored cover. Insurance cover is provided automatically to eligible member’s on joining without the need for medical or health checks; The cover type provided is generally determined by the member’s employer, (except where the member joins BT Lifetime Super – Employer Plan directly). Members have the flexibility to apply to increase the amount of insurance cover they need based on their personal circumstances, and the cost of insurance cover is deducted directly from the member’s super account.
Insurance provided under Standard cover includes Death & Total and Permanent Disablement insurance cover. The amount of insurance cover provided is based on a member’s age, and the cost of insurance cover is based on the member’s age, occupation and gender.
Insurance provided under Tailored cover includes a combination of Death, Total and Permanent Disablement, and Salary Continuance Insurance cover (sometimes referred to as Income Protection insurance). The amount of insurance cover provided is based on an insurance design selected by the member’s employer - for example, the amount of cover provided could be linked to a multiple of the member’s salary. The cost of insurance cover is based on the member’s age, occupation, gender and the insurance design selected by their employer.
Travel and health insurance
Leisure and adventure experiences
Your spouse can also join BT Lifetime Super – Employer Plan and enjoy all its features and benefits by completing a spouse application form.
Executive officers and executive & trustee remuneration
Nomination, appointment and removal of trustees/directors
Directors & executives relevant interest and duties register
RSE board meeting attendance
RSE conflicts management policy
Proxy voting policies
Summary of how voting rights have been exercised
Name and ABN of all outsource service providers
Product Disclosure Statement - PDS (PDF 530 KB)
Employer Brochure (PDF 1 MB)
Additional Information Booklet – Part 1 General (PDF 524 KB)
Additional Information Booklet – Part 2 Investments (PDF 355 KB)
Additional Information Booklet – Part 3 Insurance (PDF 346 KB)
Insurance Occupation Guide (PDF 199 KB)
Financial Services Guide - FSG (PDF 146 KB)
FAQs (PDF 149 KB)
Request to Transfer form (PDF 112 KB)
Choice of Superannuation Fund form (PDF 157 KB)
Letter of Compliance (PDF 47 KB)
Unit prices - There will be a delay in releasing unit prices for some investment options between Friday 14 October and Friday 21 October 2016 (inclusive). Unit prices for the impacted options will be available to view online from Tuesday 25 October.
BT Lifetime Super – Employer Plan
ABN 39 827 542 991
BT Funds Management Limited
ABN 63 002 916 458
AFSL No. 233724
RSE No. L0001090
BT Funds Management Limited ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is the trustee of BT Lifetime Super - Employer Plan ABN 39 827 542 991, RSE R1001327 and is the issuer of interests in BT Lifetime Super - Employer Plan. A Product Disclosure Statement and other relevant disclosure documents (together, PDS) are available for BT Lifetime Super - Employer Plan and can be obtained by calling 132 135 or from the Product Disclosure Statement page. You should obtain and carefully consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in BT Lifetime Super - Employer Plan.
Superannuation is a long-term investment. The Australian Government has placed restrictions on when you can access your preserved benefits and has set caps on the amount of money you can add to superannuation each year on a concessionally taxed basis. In addition, the Government has set a non-concessional contributions cap. For more detail, speak with a financial adviser or visit the ATO website. Before requesting a rollover of your superannuation interests into BT Lifetime Super - Employer Plan you should also check with your other fund(s) to see if there are any exit fees for moving your benefit, or other loss of benefits (e. g. insurance cover). There may be limited circumstances where your employer is not required to accept your Choice of Superannuation fund form eg. if you have already exercised Choice in the last 12 months.
The information shown does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. Any taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and our interpretation. Your individual situation may differ and you should seek independent professional tax advice. You should also consider obtaining personalised advice from a professional financial adviser before making any financial decisions in relation to the matters discussed hereto.
An investment in BT Lifetime Super - Employer Plan is not an investment in, deposit with or any other liability of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. None of the Bank, any other company in the Westpac Group or any appointed investment manager stands behind or otherwise guarantees the capital value or investment performance of BT Lifetime Super - Employer Plan.