Product |
BT Super Invest |
Self managed super (SMSF) |
---|---|---|
Set up |
All online opening |
BT SMSF Solutions can be applied for online and over the phone with support from our Customer Relations Team. |
Involvement |
You choose and manage your own investments. |
BT SMSF Solutions can be applied for online and over the phone with support from our Customer Relations Team. |
Investment |
More than 2,300 options
|
A broad range of options
|
Insurance |
|
Insurance must be considered as part of your SMSF strategy. You may choose to hold insurance within your SMSF or outside of it. |
Admin fees |
$45 pm / $540 pa |
SMSF expenses are often fixed dollar costs and include annual costs from ATO levy, taxes and independent audit. SMSFs with less than $200,000 are unlikely to be cost competitive as a large retail super fund. |
Investment |
Shares |
There is a difference between SMSF investment costs and the fees you’d pay in a large super fund. It is important to consider investment costs, in addition to other setup and running costs to determine if an SMSF is right for you. |
Next steps |