It's never too early to have a retirement plan

Your super is one of your biggest life investments. The good news is there are steps you can take to make the most of it.


Do a lost super search

As a member of BT Super for Life - Westpac Group Plan, we can help you search for any lost super or other super amounts held by the ATO or other super funds. We can also arrange for any super amounts the ATO is holding on your behalf to be transferred to your BT Super for Life account. Simply give us your consent and we'll do a free super search on your behalf. Your consent also allows us to repeat this process from time to time.


Combine your super

If you have multiple super accounts, you may be paying multiple sets of fees too. By combining your super into your BT Super for Life account you will have just one set of fees and one set of paperwork making it easier to keep track of your super.1
It's your money, after all, so why wouldn't you...

For more information call us on 1300 776 417 or email our team on


Check your super balance

Will you have enough to retire on? As one of your biggest investments it's important to know how much super you currently have. Why not try ASIC's retirement calculator and find out your current super 'health status' and what you can do it improve it up to age 65.


Review your beneficiaries

You may also want to make sure your loved ones are protected by nominating beneficiaries. Don't let someone else decide for you. You can easily nominate your beneficiaries via your online banking. Simply login and click on your BT Super for Life account - and access beneficiaries from the menu on the left hand side of the screen.


Master super strategies

Remember, mastering super strategies can help you make the most of your super. So don't delay - More on super strategies.

Remember, it's your money,so take action to help it grow!

Superannuation is one of the biggest investments you’ll likely make and it can have substantial impact on your financial future. It’s important to remember that it can also have a major effect on your family’s future in the event of your death.

Don’t let all those years of hard work and saving into your super go to waste. Nominating a beneficiary can help you ensure your death benefit (which includes your super account balance plus any insurance benefits payable) goes to your loves ones, helping you contribute to their future even after you are no longer around.

The person you nominate must be either your Legal Personal Representative (the person you nominate to execute your will), or a dependant (for superannuation purposes) at the time of your death.

Dependants for superannuation purposes are generally classed as your spouse (married or de-facto including a same sex spouse), your children (including step-children or adopted children), individuals who are financially dependent on you or with whom you have an interdependency relationship at the time of your death.

You can nominate one or more persons and allocate your benefit between these persons in any proportion. If you wish to nominate more than one beneficiary, you should specify the percentage of the total benefit each beneficiary is to receive. The percentages specified must add up to 100%.

If you don't make a nomination or your nomination is invalid at the time of your death, the Trustee will pay the death benefit to your Legal Personal Representative (Estate). If there is no Legal Personal Representative, your benefit will be paid to others to whom the Trustee is permitted to pay under superannuation law.

To find out more, or to make sure your nominations are up-to-date and reflect your wishes, please call our Contact Centre on 1300 776 417.

If you have any questions about your Super, contact us for more information.

1 There is no charge for accepting any rollovers, however before requesting the rollover, you should check with your other fund/s to determine whether there are any exit fees for moving your benefit, or other loss of benefits (e.g. insurance cover).

BT Funds Management Limited ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is the trustee and issuer of interests in BT Super for Life which is a part of Retirement Wrap ABN 39 827 542 991, RSE R1001327.

A Product Disclosure Statement (PDS) is available by logging in to your online banking. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of interests in the relevant product.

Westpac Life Insurance Services Limited ABN 31 003 149 157, AFSL No. 233728 is the issuer of insurance cover offered through BT Super for Life. Further information about the insurance available through BT Super for Life is included in the PDS.

The relevant Financial Services Guide (FSG) can be obtained by contacting your adviser or from the PDS downloads page.

The above information provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. The information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it.

Superannuation is a long-term investment. The Government has placed restrictions on when you can access your preserved benefits. The Government has set caps on the amount of money you can add to superannuation each year on a concessionally taxed basis. In addition, the Government has set a non-concessional contributions cap. For more detail, speak with a financial adviser or visit the ATO website. There may be limited circumstances where your employer is not required to accept your Choice of Superannuation fund form e.g. if you have already exercised Super Choice in the last 12 months.