With the BT Cash Management Saver account now available, your clients can access an interest-bearing variable rate cash account, currently earning 1.5% p.a., in addition to the features and functionality of the award-winning BT Panorama platform*, and term deposits.

For advisers and accountants

The BT CMA Saver is a variable rate cash management account which your clients can hold on its own, or alongside their Panorama Investments account.

Manage your clients’ BT CMA Saver and other investments all in one place, from your Panorama adviser dashboard. With specialised accountant access.

Complete a client’s SMSF fund establishment all in one go, with one combined application to establish the SMSF, and set up a BT CMA Saver.

Set up your clients with a BT CMA Saver account, which has no additional BT CMA Saver transaction or administration fees^ .

Data feeds to leading accounting and financial planning software. Including two way data feeds with Class and Simple Fund 360 accounting software and the ability to download information in CSV format.

With the BT CMA Saver, your clients also have access to the features and functionality of the award-winning BT Panorama platform*. Including market information and news, an online document library to store, share, access and securely transfer important documents, external asset reporting and more.

  • Access to the features and functionality of the award-winning BT Panorama platform*
  • Access to term deposits
  • No additional BT CMA Saver transaction or administration fees^
  • No minimum opening deposit or monthly balance
  • External asset reporting
  • Access to online document library
  • Access market information and news
  • Access to SMSF Establishment and Administration Services (if applicable)
  • Clients can view their BT CMA Saver alongside their Westpac Mobile Banking App and BT Panorama Mobile App

BT CMA Saver screenshot

What is the difference between the BT Cash Management Account (BT CMA) and the BT Cash Management Account Saver (BT CMA Saver)?

The BT CMA Saver is a cash management account that offers access to the features and functionality of the BT Panorama platform, including access to term deposits, and can be held directly by a customer without a Panorama Investments account. The BT Cash Management Account (BT CMA) is the cash hub for your clients’ Panorama Investments account. The BT CMA is only available to those who have a Panorama Investments or Asset Administrator Investments account.

How do I set up my client with a BT Cash Management Account Saver account?

Simply sign in to the BT Panorama adviser dashboard and select “Open an account” from the “I want to…” drop down menu. Click on “Cash Management Account Saver” as the Product Type, and fill out the required client information.

*BT Panorama – Winner: Best Technology Offering 2017 and 2018, Conexus Financial Superannuation Awards Best Technology Offering two years running. The Best Technology Offering is a Judge’s Choice Award. For more information please refer to the Conexus website, conexussuperawards.com.au. Awards are opinions only, and are not recommendations. They are one factor to be taken into account when deciding to acquire, dispose or hold interests in Panorama. Awards are current at date of publication but are subject to change.

^ Current as at 19 August 2018. Advice fees may apply. Interest rates are subject to change. Refer to the BT CMA Saver - Fees and Charges Brochure and Interest Rate Schedule for more information on fees and costs. Fees and charges may apply for the Panorama platform and term deposits.

The information in this email has been prepared by BT Portfolio Services Ltd ABN 73 095 055 208, AFSL No 233715 (BTPS). It is provided solely as general information for advisers who are registered to recommend and distribute BT Panorama Investments (the investor directed portfolio service operated by BTPS). Unless otherwise stated, the information in this document may not be copied, used, disseminated, reproduced or otherwise distributed or circulated without the prior written consent of BTPS.

This information is issued by BT Portfolio Services Ltd ABN 73 095 055 208, AFSL Number 233715 (‘BTPS’) as operator and administrator of Panorama Investments. Westpac Banking Corporation ABN 33 007 457 141, AFSL and Australian credit licence number 233714 (‘Westpac’) is the issuer of the BT Cash Management Account (‘BT CMA’) and BT Cash Management Account Saver (‘BT CMA Saver’). Together, these products are referred to as the Panorama products. Retail clients should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of interests in the Panorama products. Apart from any interest clients may have in Westpac term deposit products, the BT CMA and the BT CMA Saver (which are deposits with and liabilities of Westpac) or Westpac securities acquired through Panorama Investments, an investment in, or acquired through, Panorama Investments is not an investment in, deposit with or any other liability of Westpac or any other company in the Westpac Group. Neither Westpac, nor any other company in the Westpac Group stands behind or otherwise guarantees the capital value or investment performance of your investment in Panorama Investments.
In addition, BTPS is the provider of the Panorama SMSF Establishment Service and the Panorama SMSF Administration Service. The Guide and Terms and Conditions for these services are available by contacting BTPS.

Conditions, fees and charges apply for BT CMA Saver and term deposits issued by Westpac. Westpac may change these or introduce new ones in the future.  This information does not take any personal objectives, circumstances or needs into account. Clients should consider its appropriateness before acting on it, and read the disclosure documents, including the terms and conditions, before making any decision. For BT CMA Saver and term deposits issued by Westpac you may be entitled to payment under the Australian Government’s Financial Claims Scheme in the event that Westpac becomes insolvent. Payments under the Financial Claims Scheme are subject to a limit for each depositor for eligible deposits held in Westpac. Information about the Financial Claims Scheme can be obtained from www.fcs.gov.au  BT CMA Saver and term deposits are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.  This information does not take any personal objectives, circumstances or needs into account. Clients should consider its appropriateness before acting on it, and read the disclosure documents, including the terms and conditions or Product Disclosure Statement, before making any decision.  

Information correct as at 19 August 2018.

© BT Portfolio Services Ltd 2018.