Additional disclosure - BT Funds Management Limited

Regulatory reporting of trustee entity BT Funds Management Limited, including executive remuneration and group policy.

Executive summary

Executive Officers

Matthew Rady

Chief Executive Officer, BT Financial Group

Matthew Rady was appointed Chief Executive Officer BT Financial Group in October 2021.

He is responsible for BT’s Platforms, including the flagship BT Panorama, BT’s personal and corporate super and investment products.

Before joining BT, Matt was Chief Executive Officer at Allianz Retire+. He has more than 30 years’ experience in the financial services and wealth industries with executive roles in companies including Macquarie Group and global financial services technology company, IRESS.

Matt is also a Non-Executive Director at JDRF, a global not-for-profit supporting type 1 diabetes research.

Lucy Masters

Chief Risk Officer

Lucy joined the BT Executive team in September 2022 as the Chief Risk Officer for BT. Lucy has approximately 25 years’ experience in the Financial Services sector having worked for professional firms and international banks in Sydney, London, Singapore and New Zealand. Prior to commencing her role as BT CRO, Lucy had just completed 4 years as a senior Head of Internal Audit at Westpac, responsible for auditing Financial Crime, Compliance and Conduct as well as the Specialist Businesses Division consisting of the Superannuation, Platforms and Investments businesses as well as Auto Finance, Banking as a Service and the Pacific.

Previous to this Lucy worked for Citibank as the APAC and Japan Regional Director for Internal Audit for Compliance and AML, based in Singapore and Sydney. Lucy is a member of the Australian Institute of Company Directors and the Institute of Internal Auditors, and holds and Bachelor of Commerce from Australian National University.

Annabelle Kline

Chief Product Officer

Annabelle joined as Chief Product Officer for BT Financial Group in May 2024. She has extensive experience across the wealth management and banking industry spanning product management, product development, distribution, technology, government relations and compliance. Prior to joining BT, she spent over 23 years with Macquarie Group in senior leadership roles within the Wealth Management and Business Banking divisions.

Annabelle has a Bachelor of Economics from Sydney University and a Masters of Business Administration from the Australian Graduate School of Management.

Kathryn Cosentino

Head of Platforms Product Management

Kathryn is BT’s Head of Platforms Product Management. In this role Kathryn is responsible for leading BT’s platforms superannuation and investment offers.

Kathryn has over 20 years’ experience in financial service with a career spanning insurance, operations, superannuation and investments.

Prior to joining BT in May 2022, Kathryn has held a number of senior roles and most recently was the Head of Wrap Platforms at Insignia Financial where she was responsible for the MLC and IOOF superannuation and investment platform.

Kathryn has a Bachelor of Commerce from Macquarie University.

Sharyn Baker

Head of Services and Operations

Sharyn has extensive experience in financial services and wealth management across a range of senior leadership roles over 20+ years.

Sharyn joined BT in 2016 as Change Director for various large programs, including BT Advice’s control uplift and BT’s Advice Separation, after which she took on a range of customer service roles including Head of Customer Transformation and Governance and more recently Head of Platforms Service and Operations. Sharyn now runs our ~700 person-strong Service and Operations business.

She is an influential leader dedicated to delivering exceptional customer and organisational outcomes by helping her people develop capabilities that support their personal and professional growth.

Sharyn has a Master of Business Administration (MBA). Outside of the financial services industry, Sharyn is an active member of the Coogee Surf Life Savings Club and has held roles including Assistant Competition Director for the Coogee Minnows.

Anthony Miller

Chief Executive, Business and Wealth

Anthony Miller was appointed Chief Executive, Business and Wealth in August 2023 and continues to be Chief Executive, Westpac Institutional Bank until 1 October 2023.

Anthony joined Westpac Group in October 2020. As Chief Executive, Business and Wealth, he has responsibility for Westpac’s banking for medium to commercial sized businesses, private wealth, as well as wealth management services under the BT brand and sustainability.

Before joining Westpac Group, Anthony was CEO of Australia & New Zealand and Co-Head of Investment Bank, Asia Pacific at Deutsche Bank from 2017. Prior to Deutsche Bank, Anthony was a partner at Goldman Sachs based in Hong Kong within the investment banking division and previously held a number of roles at Goldman Sachs in Australia and New Zealand having joined the organisation in 2001. Before joining Goldman Sachs, Anthony worked at Credit Suisse.

Anthony holds a Bachelor of Law (Honours) from Queensland University of Technology, and Bachelor of Arts (Japanese Language, Modern Asian Studies) from Griffiths University.

Israel Santos

Chief Financial Officer, Consumer and Business & Wealth Divisions

Israel is currently the Chief Financial Officer of the Consumer and Business & Wealth Divisions of the Westpac Group and has over 25 years of experience in Financial Services both in Australia and the United Kingdom.

Prior to joining Westpac in March 2023, Israel held a similar role in Lloyds Banking Group in the United Kingdom, and prior to that was the Group Financial Controller of Santander UK. He has also worked in other Financial Services institutions including the Commonwealth Bank of Australia and Credit Suisse. Israel is a Chartered Accountant, having spent the early part of his career in KPMG Sydney, and holds a Bachelor’s degree in Commerce from the University of NSW.

Andrew Doyle

Chief Financial Officer, BT

Andrew Doyle joined the Westpac Group in May 2021 as Chief Financial Officer (CFO) of the BT Financial Group, covering the Platforms, Investments and Superannuation businesses.  Andrew has operated in both consulting and CFO roles in Financial Services across Australia, Europe and APAC. 

Prior to joining Westpac, Andrew was the CFO of CBAs Wealth Management business unit.  This included financial responsibilities across Asset Management, Platforms, Insurance and Advice businesses through CBAs exit from this sector.  Andrew is a Chartered Accountant and also holds a Bachelor's degree in business.

Non-executive Directors

Michael Cottier

Chair and Independent Non-executive Director (16 November 2015 to present).

Michael Cottier was appointed as a Director of the Superannuation Boards in November 2015 and was appointed as Chair on 2 February 2024.

Michael is an experienced financial service professional with expertise in finance and taxation. Michael has held senior executive roles as CFO, QSuper Limited and CFO, QIC Limited, and senior finance and tax roles at Suncorp Group Limited.

Michael is currently on the Boards of Queensland Teachers Union Health Limited (Chair of Risk Committee), and WAM Alternative Assets Limited (Board Chair), and previously served as a member of the ASFA Governance & Regulatory Council.

Michael is a Fellow of the Australian Institute of Company Directors, a Fellow of Chartered Accountants ANZ, and holds a Masters in Taxation from The University of Queensland.

Doug Carmichael

Independent, Non-executive Director (1 July 2020 to present)

Doug Carmichael was appointed as a Director of the Superannuation Boards in July 2020. Doug serves as Chair on the Board Risk and Compliance Committee and is on the Board Audit Committee.

Doug has more than 35 years financial services experience most recently as the Commonwealth Bank Group Super Chief Executive where he led the trustee services team assisting the Group Super Board in the development and execution of strategies to achieve member satisfaction, fund growth and member retention.

He was previously General Manager of strategic operations and risk management for Australian Administration Services. Doug is a Founding Director and former President of the Canadian Australian Chamber of Commerce and was previously a Director of the Fund Executives Association Limited.

Doug was educated at Mount Allison University, Canada, and holds a Bachelor of Commerce.

Robin Burns

Independent, Non-executive Director (1 July 2019 to present)

Robin was appointed as a Director of the Superannuation Boards on 1 July 2019 and serves on the Board Investment Committee and Board Audit Committee.

Effective 10 July 2019, Robin was appointed as the Chairman of the Board Investment Committee. Robin held senior executive roles in financial services for over 25 years in a range of enterprises. He was Managing Director of Equity Trustees Ltd from 2010 to 2016 and since then has held a number of Non-executive Director positions. Before Equity Trustees he was CEO of Equipsuper and held previous positions as a CEO and CFO in financial services.

Robin is a past member of the Chartered Accounting Institutes in England & Wales and Australia and was a personal member of the Australian Stock Exchange. He is a Fellow of the Australian Institute of Company Directors. He served on the board of the Financial Services Council until 2016, chairing several Board Committees.

He is a Non-executive Director of Defence Health Ltd, Uniting Ethical Investors Limited and an independent member of the PIMCO Australia Compliance Committee.

Anne Anderson

Independent, Non-executive Director (19 October 2021 to present)

Anne was appointed as a Director of the Superannuation Boards in October 2021. Anne serves on the Board Investment Committee and the Board Risk and Compliance Committee.

Anne has over 35 years’ experience in financial services with a varied career in treasury and investment management. She has operated across Australian and international markets working with superannuation, wealth, sovereign and insurance retail, wholesale and institutional clients.

Anne served in several Managing Director roles with UBS Asset Management, including leading Asia Pacific Fixed Income business, chaired various global investment committees and was a member of the global executive leadership team.

Anne is currently an Advisor to the REST Board Investment Committee, Adviser to The Commonwealth Treasury Australian Office of Financial Management,  Independent Member of the E&P Financial Group Wealth Investment Committee, Member EnergyCo NSW Transmission Acceleration Facility, Independent Member of Minderoo Foundation Investment Committee, and Member of the ASIC Consultative Panel.

Anne has a Bachelor of Economics, a Master of Applied Finance from Macquarie University and is a graduate of the Australian Institute of Company Directors.

Executive Remuneration Summary

Register of Relevant Duties & Relevant Interests

Retirement Income Strategy

Portfolio Holdings Disclosure

Open Superannuation Products
Product Disclosure Statements
& Additional Information

Product updates & disclosure notices

Annual financial report

Financial Services Guide

BT Super for Life

BT Super

BT Super Invest

BT SuperWrap


Panorama Super


Asgard Open eWRAP Super/Pension


Asgard eWRAP Super/Pension, Asgard eWRAP Infinity Super/Pension, Asgard Elements Super/Pension, Asgard Managed Profiles and Separately Managed Accounts – Funds Super/Pension

Important note: these products are no longer available to new clients since 5 December 2021.














Advance Fixed Term Pension

Important note: this product is no longer available to new clients


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