BT Super for Life Review
Returns to June 30 2021
|Investment Option||1 Year||3 Year||5 Year|
|Active Defensive VS Median||0.52%||-||-|
|Active Balanced* VS Median||1.38%||-||-|
|Active Growth VS Median||1.37%||-||-|
|Investment Option||Flat Fee||Percentage Based Fee||Fee Based on 50k|
*Please note, this is not the default investment option for this fund.
ABN: 763 002 916 458
Address: GPO Box 3958 Sydney NSW 2001
About BT Super for Life
BT Super for Life is a retail super fund managed by BT Financial Group.
As of 30 June 2020 BT Super and BT Super for Life have over 570,000 members with $22 Billion in assets under management.
BT Super for Life’s Active Balanced investment option fees are above the median for funds on Review My Super for a balanced/MySuper risk profile.
BT Super for Life offers life, TPD and income protection insurance. You can see their overall insurance rating to the left.
When Reviewing Super funds it’s a good idea to learn more about choosing a super fund. Consider the following:
Firstly, are you invested in the right risk profile? This is essentially the amount of risk you’re willing to take to achieve your desired investment return. High Growth investments will achieve the highest returns over the long run, and also carry the highest risk of loss in any one year.
Secondly, what to do about the insurance in your super? Most funds will come with a default amount of insurance cover for instance. For some people this will be very insufficient and for others it will be too much, for example. Therefore, tailoring your cover to your own circumstances is key.
Thirdly, what are the different ways you can contribute to super? Understanding contributions like salary sacrifice and the government co-contribution can help you make the most of your super.
Fourthly, and most importantly, make sure you review Australian Ethical Super against other super funds under the ‘Fund Profiles’ tab and check out the top super funds, to see who the leaders are.
In addition, If you would like to speak to someone for some guidance when reviewing your super, then please fill in the ‘Speak To An Advisor’ form above and an advisor will be in touch to see how they can assist you.
In conclusion, understanding the key elements of super, conducting the appropriate research and seeking the best advice will help with choosing the best fund.
Frequently Asked Questions
Is BT Super for Life an Industry Fund?
No, BT Super for Life is a retail fund
Who Owns BT Super for Life?
BT Super for Life is owned by BT Financial Group, a subsidiary of Westpac Banking Corporation
Can Anyone Join BT Super for Life?
Yes, anyone can join BT Super for Life