Information current as at March 1, 2015.
BT Funds Management Limited ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is the trustee of BT Lifetime Super - Employer Plan ABN 39 827 542 991, RSE R1001327 and is the issuer of interests in BT Lifetime Super - Employer Plan. A Product Disclosure Statement and other relevant disclosure documents (together, PDS) are available for BT Lifetime Super - Employer Plan and can be obtained by calling 132 135, or from the BT Lifetime Super - Employer Plan downloads. You should obtain and carefully consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in BT Lifetime Super - Employer Plan.
Superannuation is a long-term investment. The Australian Government has placed restrictions on when you can access your preserved benefits and 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. Before requesting a rollover of your superannuation interests into BT Lifetime Super - Employer Plan you should also check with your other fund(s) to see if there are any exit fees for moving your benefit, or other loss of benefits (e. g. insurance cover). There may be limited circumstances where your employer is not required to accept your Choice of Superannuation fund form eg. if you have already exercised Choice in the last 12 months.
The information shown on this site 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. Any taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and our interpretation. Your individual situation may differ and you should seek independent professional tax advice.
An investment in BT Lifetime Super - Employer Plan is not an investment in, deposit with or any other liability of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. None of the Bank, any other company in the Westpac Group or any appointed investment manager stands behind or otherwise guarantees the capital value or investment performance of BT Lifetime Super - Employer Plan.
The information shown on this site is general information only, it does not constitute any recommendation or advice; it has been prepared without taking 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. Any taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and our interpretation. Your individual situation may differ and you should seek independent professional tax advice. You should also consider obtaining personalised advice from a professional financial adviser before making any financial decisions in relation to the matters discussed hereto.
BT Super provides insurance through a group policy with an external insurer. The cover under this group policy is provided by AIA Australia Limited ABN 79 004 837 861, AFSL 230043 (‘the Insurer’). If your employer has appointed another insurer, please refer to the Additional Information Booklet Part 3 – Insurance provided when you join BT Super for details of your plan’s insurer. Your rights in relation to the Fund and BT Super are governed by a trust deed (which overrides any provisions in the PDS), the Superannuation Industry (Supervision) Act 1993, the Corporations Act 2001, related legislation governing super and the general law. BT Super offers a MySuper product, or you can choose from our range of over 40 investment options. MySuper was introduced by the Australian Government to provide a lower cost and simple superannuation option for members who are not actively engaged in their superannuation and have not chosen an investment option. For more detailed information about the BT MySuper Lifestage Investment Options, please see the Investment Options’ Product Dashboards at bt.com.au/help/product-dashboard.asp. For members who have account balances for which they have not made an investment choice (and are not already invested in the fund’s MySuper product), superannuation law requires us to transfer that account balance to a MySuper product by 1 July 2017 unless they tell us otherwise. We’ll give these investors at least three months’ notice before this happens so they may wish to make an investment choice at that time. You can find information on each trustee and executive remuneration for BT Super at bt.com.au, as well as other important information and documents about BT Super. For current information about the Trustee and the latest product updates on BT Super, please visit bt.com.au.
* Awards are opinions only and not a recommendation to invest in BT Super