From 1 July 2021, all MySuper products are subject to a new annual performance assessment (APA) administered by the Australian Prudential Regulation Authority (APRA), see apra.gov.au. The performance assessment is designed to enable transparency and benchmarking of MySuper investment outcomes.
For Lifestage products like those offered by BT, the annual performance assessment takes into account the asset-weighted performance of all Lifestage investment options collectively to calculate a single performance return.
The combined seven-year performance of our BT Super MySuper product failed the annual performance assessment, and will be recorded as underperforming on the Australian Taxation Office (ATO)’s YourSuper comparison tool at ato.gov.au/yoursuper.
Please explore important information relating to the APA on this page
Sign in to view your Super’s 2021 Statement to 30 June 2021, and view your personal net rate of return.
This information is current as at 30th August 2021 and is prepared by BT Funds Management Limited ABN 63 002 916 458 (BTFM) the trustee of BT Super and BT Super for Life – part of the superannuation fund Retirement Wrap ABN 39 827 542 991.
This information is of a general nature only and does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to your personal objectives, financial situation and needs before acting on it. Read the Product Disclosure Statement (PDS) to see if these products are right for you by visiting bt.com.au. Any tax considerations are general statements based on current tax law. You should obtain your own tax advice about your personal circumstances.
BTFM is a member of the Westpac Banking Corporation ABN 33 007 457 141 (Westpac) group of companies. An investment in a BTFM product is not an investment in, deposit with or any other liability of Westpac, any division of Westpac or any other company in the Westpac Group. Past performance is not a reliable indicator of future performance. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of the product or any related assets of the product.
© BT – Part of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.