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The “Protecting your Super” changes introduced in 2019 are designed to ensure low balance accounts aren’t eroded by fees – and that you’re not paying for insurance you don’t know about or need – giving your super the very best chance to grow.
The Trustee of BT Super for Life appointed AIA Australia Limited (AIA) ABN 79 004 837 861, AFSL 230043 as the new group life insurer, effective 1 July 2020.
We’re simplifying and enhancing our super products, offering our members more choice, flexibility, and an improved online and mobile experience. We’ve also identified ways to reduce the cost of managing members’ super – and we’re sharing these savings with our members by making changes to our administration fees, a move which will see the majority of members paying less.
Government changes from 1 July 2019 mean super funds can’t provide or maintain insurance cover for members with inactive accounts. Does this impact you?
There are good reasons to choose BT for your super solution, and give your retirement nest egg the benefit of our experience, our expertise and our flexible range of superannuation options.