Changes are coming to how your super is invested

There's a change coming in March to how your super is invested in your BT Business Super account, in line with the government's MySuper initiative. The letter you received titled 'Changes to your super are coming' provides information about how this change affects you.

Below you will find a range of supporting information to help you make your decision about whether to keep your super invested as it is, or let us move it to BT’s MySuper.

If you decide you want your super to stay invested as it is, we will need to hear from you by 5 March 2017. We’re here to help if you have any questions.

This short video gives an overview of the changes:

About BT's MySuper

BT’s MySuper Lifestage investment options are designed to give you a well-diversified portfolio, and aim to achieve an appropriate level of risk and return for your age by automatically adjusting the investment mix over time.

There is a different BT MySuper Lifestage investment option for each decade of birth – designed to suit people born within that period, whose investment needs and approach to risk is typically the same as investors of a similar age.

In the early stages of a person's working life, BT’s MySuper is more focused on growth. As you approach retirement, risk is managed by moving to more conservative investments.

As BT’s MySuper is a lifestage investment option, your super investment will change with you.

There’s more information in the following sections, as well as in the Product Disclosure Statement and Additional Information Booklets that you can access from the Documents and downloads section at the end of this page. 

Investment strategy

The investment strategy is the way investments are managed and what they are designed to achieve. It is important to understand the differences in the investment strategy between your current and the MySuper investment options.


In your letter we have provided an estimate of your current fees and the MySuper fees that will apply if your super moves to a BT MySuper Lifestage investment option. You should read all the information about fees and other costs so you understand their impact on your investment.

There’s more information on these estimates in the Moving to MySuper booklet sent with your letter. Refer to the ‘What do you need to know?’ section.

For further information on fees and costs, including an explanation of the types of fees, see:

Investment performance

Investment performance is the earnings or returns on an investment. This is a factor to consider when deciding if you'd like to keep your super where it's currently invested or move to BT’s MySuper. It is important to note that past performance is not a reliable indicator of future performance.

Visit the BT Business Super performance figures page for performance information on your current investment options and MySuper. There is a different MySuper investment option for each decade of birth so check the 'Your super details' table in your letter for the particular BT MySuper investment option we're planning to move your super to. 

Your options

Once you’ve reviewed all the information, you have two choices:

  1. Keep your super invested where it is
    If you’re happy with how your super is invested, then you need to let us know by 5 March 2017. This means we won’t move your super to BT’s MySuper. To let us know:


  2. Leave it to us
    If you’ve decided that BT’s MySuper is right for you, or we don’t hear from you, then we’ll move your super balance to the BT MySuper Lifestage investment option in March 2017.

    Alternatively, you can choose another investment option

    Your super account offers a range of investment options for you to choose from. You can choose another investment option at any time:

If you are unsure what choice is right for you, speak to your financial adviser. If you don’t have one, we can help you find an adviser.

Making your decision

Here are some things to think about when considering how your super could be invested. If you’d like some help, speak with your financial adviser or call us on 132 135. We can support you with simple questions right through to putting you in touch with an adviser to provide comprehensive advice.

1. Know your investment style and attitude to risk

All investments carry some level of risk. Investment risk is the likelihood that your investment might rise or fall in value over a given period. However, without accepting some level of risk you will be limiting your investment potential. Investment risk can’t be eliminated but it can be managed once you understand your risk profile.

Risk and return are closely related. Generally, by choosing an investment with a low level of risk, you are also choosing a lower level of return.

Some investors are more conservative and prefer low risk/low return investments which are less volatile investments such as low interest bank deposits. Other investors are more comfortable with higher risk and higher potential return by investing in shares and property, for example, where the value might decrease over the short term but have the potential for higher growth over the longer term.

The key is making sure you make investment decisions based on your individual circumstances and take into account the level of risk that is appropriate for you. Understanding your risk profile is an important step to determining your investment strategy. Key elements of determining your risk profile are determining your tolerance of short term market movements, your investment goals and your time horizon.

If investing for the longer term, you generally have more time to ride out shorter term market fluctuations and may therefore invest in higher risk/higher potential return investments. If you have a shorter time horizon (and need access to cash sooner), then you may choose a low risk/low return approach to investing.

Another way to manage risk is to diversify across different asset classes as they tend to perform differently at different stages of the investment market cycle.

Remember, once you have determined your investment profile and investment strategy, it’s important to stick to your plans. If you determine a clear strategy, don’t be tempted to react to short term market downturns. We suggest reviewing your investments periodically and when your circumstances change to ensure they’re still on track to meet your goals.

Learn more about your risk profile by using our risk profile tool. If you need assistance with determining your risk profile or financial plan, seek the advice of a financial planner.

Another tool to assist you understand the relative risk of investment options is the Standard Risk Measure. The Standard Risk Measure is based on industry guidance and allows comparison of investment options within BT and other super funds.

The Standard Risk Measure shows the level of risk across different investment options, (1 - Very low to 7 – Very high) by providing a guide to the expected number of negative annual returns that may be experienced over a 20 year period. Your letter includes the Standard Risk Measure for your current and MySuper investment options. For the Standard Risk Measure for all other investment options available in BT Business Super visit

- Understand your investment goals When deciding how you’d like your super to be invested, it’s important to consider your investment goals, particularly the lifestyle you’d like in retirement. 

Knowing your financial goals makes it easier to determine the investment strategy that works for you. We also recommend speaking with your financial adviser. We can help you find an adviser if you don’t have one already.

2. Learn about your investment options

You can take an active role in choosing how your super is invested and select from our range of investment options, managed by leading investment companies and covering a broad span of risk and return profiles. You can choose from shares, property, fixed interest securities, cash and alternative investments.

When you understand your risk profile, know your retirement income needs and consider how long you have until retirement, you can then assess which investment options align with your needs.

For more detail on the investment options available to you in BT Business Super, see the Additional Information Booklet Part 2 – Investment.

3. Choose how your super is invested

You may decide that your current investment options suit you, that BT MySuper is a better fit, or that you’d like to choose another investment option(s) altogether.

We recommend speaking with a financial adviser when deciding how your super is invested. They’ll take a holistic view of your financial objectives and your risk profile and make recommendations on which investment options would be best for you. If you don’t have one, we can help you find an adviser or call us on 132 135.

When you’ve made a decision, have a look at ‘Your options’ on this page. There you’ll find the steps you need to take to either keep your current investment options or change to different option(s). If you want your super to move to MySuper, there’s nothing more for you to do. 

Processing delay during the move

On 18 March 2017, we’ll be moving members’ super balances in BT Business Super to the BT MySuper Lifestage investment option (MySuper).

This means there will be a delay processing financial transactions such as withdrawals, investment switches, rollovers and contributions between Thursday 9 March and Monday 20 March 2017 in the following investment options:

Westpac Balanced Growth

OnePath Blue Chip Imputation

BT Active Balanced

BT Partner Australian Shares Value 1

Westpac Dynamic Growth

Aberdeen International Shares

Westpac Moderate Growth

BT Global Property

Westpac Australian Share

BT Partner Australian Shares Growth 1

Colonial First State Aust. Shares

Investors Mutual Australian Share

Colonial First State Diversified

BT Partner Australian Shares Core 1

Westpac International Share

BT Multi-manager Conservative

Westpac Aust. Property Securities

Aberdeen Australian Small Companies

MLC Growth

BT Partner International Shares Core 1

MLC Global Shares

Macquarie Diversified Fixed Interest

Schroder Balanced

BT MySuper 1940s Lifestage

Westpac Australian Fixed Interest

BT MySuper 1950s Lifestage

BT Australian Sustainability Share

BT MySuper 1960s Lifestage

Westpac International Fixed Interest

BT MySuper 1970s Lifestage

BT Multi-manager High Growth

BT MySuper 1980s Lifestage

BT Multi-manager Growth

BT MySuper 1990s Lifestage

BT Multi-manager Balanced

BT MySuper 2000s Lifestage

BT Core Global Shares


How are my transactions affected?

Financial transactions received during this period will be finalised and appear online from Tuesday 21 March to Tuesday 28 March 2017.

While there will be a delay in finalising the transaction, the effective date of the transaction will be the day the money or valid request is received (if this is by 4pm Sydney time on a business day). After the cut-off time, it will be processed using the price for the next business day.

Which transactions are not affected?

We’ll continue to process changes to your account not related to your investments during this time. This includes change of address, beneficiary nominations and any updates to your name, Tax File Number or birth date.

Insurance changes and claims assessment won’t be affected by the delay and will continue as usual.

What if I have an urgent transaction?

If you have an urgent or hardship claim during the delay period, please contact Customer Relations on 132 135 between 8.00am and 6.30pm (Sydney time) Monday to Friday.

We can help

If you’re not sure whether you should keep your super invested as it is, move to MySuper or choose another investment option, speak to your financial adviser or call us.

Our team of super specialists can help you, no matter how simple or complicated the question. We can even help you find a financial adviser if you don’t have one.