Westpac Banking Corporation

Superannuation

BT Business Superannuation

Essentials

  • Affordable and efficient super premiums for small to medium sized businesses
  • No fees for contributions, withdrawals or switching
  • Suitable for employers who contribute at least $2,500 in superannuation contributions p.a.
  • Appropriate for businesses with 2 or more permanent staff
  • A choice of 4 default investments for employers
  • Competitive insurance premiums available
  • Administered using BT Online Employer
  • One super payment using the Employer Clearing House Online (ECHO) facilities.
Things you should know
  • Westpac Securities Administration Limited ABN 77 000 049 47 is the trustee of the BT Business Super Fund and is the issuer of interests in the Fund. A Product Disclosure Statement (PDS) is available for the Fund and can be obtained by calling 132 135, downloading the Member Booklet and/or the Employer Booklet, or visiting a BT Investor Centre. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
  • Investments in BT Business Super are not deposits or other liabilities of the Bank or any other member of the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither the Bank nor any other member of the Westpac Group guarantees the capital value or performance of these investments or the assets of BT Business Super except as specified in the information brochure.
  • A Financial Services Guide for BT Business Super Fund can be obtained by downloading here, calling 1300 553 010, visiting www.bt.com.au or from any Westpac branch.

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Features

More about BT Business Super

Our super service is intended to remove the administrative annoyances involved in managing your company super plan. Our online systems and team of super specialists allow you to get on with business whilst offering an unmatched service for your employees.

Introducing BT Financial Group

BT is the leading provider of superannuation solutions and has been providing employer-sponsored super solutions to employers and individuals since 1991. BT is one of Australia's strongest wealth managers with more than $95 billion in total investments 1.

Additional benefits
  • Employers able to manage plans and access reports online
  • Member education, services and BT benefits available.
A range of investment portfolios with competitive premiums
  • Catering for members of all ages and circumstances
  • A wide range of investment options to choose from
  • Flexibility to meet the needs of individual employees
  • The ability to tailor a plan to suit your specific requirements.
Straightforward administration

Use our BT Online Employer (BTOE) to:

  • Add, remove and change employee details
  • Make super contributions
  • Download employee forms.
One super payment with Employer Clearing House Online (ECHO)

Rather than making several super payments to multiple super funds, you need only make one payment through our PayDeduct facility and ECHO will disburse bulk super contributions to your employees on your behalf.

For more information you can:
Things you should know
  • 1. Plan for Life MarketShare Report - June 2008.
  • 2.Westpac Financial Planners are representatives of Westpac Banking Corporation AFSL No 233714.
  • Westpac Securities Administration Limited ABN 77 000 049 47 is the trustee of the BT Business Super Fund and is the issuer of interests in the Fund. A Product Disclosure Statement (PDS) is available for the Fund and can be obtained by calling 132 135, downloading the Member Booklet and/or the Employer Booklet, or visiting a BT Investor Centre. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
  • Investments in BT Business Super are not deposits or other liabilities of the Bank or any other member of the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither the Bank nor any other member of the Westpac Group guarantees the capital value or performance of these investments or the assets of BT Business Super except as specified in the information brochure.
  • A Financial Services Guide for BT Business Super Fund can be obtained by downloading here, calling 1300 553 010, visiting www.bt.com.au or from any Westpac branch.

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Performance

Details and returns (% p.a.) * as at 31 July 2010 
Investment option Risk level 1 mth 3 mth 1 yr 3 yr 5 yr 10 yr
BT Core Global Shares 2 Aggressive (0.23) (2.62) 0.77 (11.14) (4.80) N/A
Aberdeen Actively Hedged International Equities5 Aggressive 1.43 (0.09) 4.04 (9.06) (2.96) N/A
Ibbotson International Shares High
Opportunities (Unhedged) Trust1 		Aggressive 0.13 (2.48) 4.35 (11.78) (5.17) N/A
MLC Global Shares Aggressive 0.96 (2.20) 2.57 (11.20) (3.68) N/A
BT Partner International
Shares Growth 1 		Aggressive 0.14 (1.94) 0.19 (13.78) (6.53) N/A 
BT Partner International
Shares Value 1 		Aggressive (1.61) 0.27 8.35 (18.22) (6.48) N/A
BT Partner International
Shares Core 1 		Aggressive 0.19 (2.43) 2.06 (6.86) N/A N/A
Westpac International Share Aggressive 0.17 (3.22) (1.07) (11.74) (4.74)

(6.05)

BT Australian Sustainability Share Dynamic 3.59 (5.55) 8.66 (4.72) 3.31 N/A
BT Core Australian Shares1 Dynamic 4.06 (5.71) 7.29 (3.15) 4.94 N/A
Colonial First State Australian Shares Dynamic 3.13 (6.01) 10.94 (4.75) 3.51 N/A 
Aberdeen Australian Small Companies Dynamic 1.53 (2.11) 18.49 (14.48) (1.81) N/A 
ING Blue Chip Australian Shares Dynamic 5.04 (3.63) 10.57 (7.40) 2.49 N/A 
Investors Mutual Australian Shares Dynamic 3.60 (3.45) 13.19 (4.02) 3.29 N/A 
BT Partner Australian
Shares Core 1 		Dynamic  4.56 (5.28) 11.67 (8.13) 0.80 N/A 
BT Partner Australian
Shares Growth 1 		Dynamic 4.22 (5.46) 12.62 (2.71) 5.14 N/A 
BT Partner Australian
Shares Value 1 		Dynamic 3.80 (7.52) 5.91 (9.00) 0.89 N/A
Westpac Australian Shares Dynamic 3.71 (4.39) 8.93 (3.11) 4.25 6.45
BT Active Balanced Moderate 1.89 (2.38) 7.80 (4.78) 1.25 2.44
Colonial First State Diversified Moderate 1.57 (3.94) 7.43 (4.61) 0.96 1.69
MLC Growth Dynamic 2.34 (3.97) 8.87 (6.80) 0.44 1.76
BT Multi-manager Balanced3 Moderate 2.43 (2.41) 10.13 (6.83) (0.47) N/A
BT Multi-manager Conservative3 Conservative 1.43 (0.20) 8.96 (0.79) 1.37 N/A
BT Multi-manager Growth3 Dynamic 2.74 (3.19) 9.86 (8.42) (0.87) N/A
BT Multi-manager High Growth3 4 Aggressive 3.10 (3.87) 8.99 (9.54) (1.10) N/A
Schroder Balanced Moderate 2.25 (1.57) 10.61 (0.65) 4.06 N/A
Westpac Balanced Growth Moderate 1.73 (2.10) 8.17 (2.95) 1.62 2.70
Westpac Dynamic Growth Dynamic 2.04 (3.19) 7.89 (4.46) 1.17 2.17
Westpac Moderate Growth Moderate 1.01 (0.40) 6.82 (0.18) 2.18 3.01
BT Global Property Dynamic 7.68 0.93 38.93 (11.16) (3.92) N/A 
Westpac Australian Property Securities Moderate 0.84 (4.54) 15.27 (20.41) (8.48) N/A
Macquarie Diversified Fixed Interest Conservative 0.76 0.98 8.14 3.66 3.06 N/A
Westpac Australian Fixed Interest Conservative 0.05 2.19 6.13 4.36 3.10 3.41
Westpac International Fixed Interest Conservative 0.67 3.09 10.29 5.52 3.97 4.61
Westpac Capital Secure Stable 0.01 0.03 0.09 1.10 1.73 1.47
Westpac Money Market Stable 0.18 0.54 1.57 2.56 2.73 2.54

N/A - No historical data available for this period.

1. Formerly Intech High Opportunity.

Things you should know
  • *.The returns shown are net of ongoing management fees and tax on earnings. The returns are measured by the percentage movements in unit prices. Past performance is not a reliable indicator of future performance.
  • Performance figures are calculated in accordance with the Investment & Financial Services Association (IFSA) standards. Total returns are calculated:
  • using withdrawal prices appropriate for the month end; and
  • taking into account management costs other than member fees, of the relevant investment option; and
  • taking into account earnings tax up to a maximum of 15% plus withholding tax paid on foreign income (if any).
  • Certain other fees such as Contribution fees or Withdrawal fees (if any) are not taken into account.
  • Investment returns are historical. Investment returns can move up or down and past performance is not necessarily indicative of future performance. Future performance is not guaranteed.
  • 1.These funds are closed to new investors.
  • 2.The investment manager for this fund changed on 6 June 2006. Performance before this date may not be directly comparable.
  • 3.From 31 March 2006, the BT Multi-manager portfolios adopted new benchmark weightings. Performance before this date may not be directly comparable.
  • 4.Previously known as Multi-manager Diversified Shares.
  • 5.Effective 1 May 2009 the Investment Option name changed from Credit Suisse International Shares to Aberdeen Actively Hedged International Equities.
  • Westpac Securities Administration Limited ABN 77 000 049 47 is the trustee of the BT Business Super Fund and is the issuer of interests in the Fund. A Product Disclosure Statement (PDS) is available for the Fund and can be obtained by calling 132 135, downloading the Member Booklet and/or the Employer Booklet, or visiting a BT Investor Centre. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
  • Investments in BT Business Super are not deposits or other liabilities of the Bank or any other member of the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither the Bank nor any other member of the Westpac Group guarantees the capital value or performance of these investments or the assets of BT Business Super except as specified in the information brochure.
  • A Financial Services Guide for BT Business Super Fund can be obtained by downloading here, calling 1300 553 010, visiting www.bt.com.au or from any Westpac branch.

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Fees

How much maintaining your super is going to cost you   

BT Business Super Fees 2
Fee Description Amount

Entry fee

A fee to open your super account

Nil

Withdrawal fee

A fee to withdraw funds Nil

Switching fee

An admin fee if you choose to change investment options

Nil

Member fee

Covers member admin and communications

$4.60 per month 1

Standard administration fee p.a. 1

Covers ongoing management of your investment, including our fund manager, our custodian and trustee costs

We have a tiered management fee so you get discounts as your balance increases

0.95% p.a. - on the first $50,000,   
0.75% p.a. -  $50,001 to $150,000,
0.25%p.a.  - $150,001 and over

Issuer fee Covers managing the assets of the investment Options and the out-of-pocket expenses we are entitled to recover form the fund Investment manager charge of 0.49% p.a. to 1.23% p.a.
Expense recoveries by underlying investment managers of 0.00% p.a. to 0.08% p.a. 

 

Things you should know
  • 1. These may increase each 1 July in line with the Consumer Price Index (CPI). The amounts shown are for the 2009/2010 financial year.
  • 2. There may be additional fees. For full details of fee arrangements download a BT Business Super Product Disclosure Statement - Member Booklet (PDF 2.2mb).
  • Westpac Securities Administration Limited ABN 77 000 049 47 is the trustee of the BT Business Super Fund and is the issuer of interests in the Fund. A Product Disclosure Statement (PDS) is available for the Fund and can be obtained by calling 132 135, downloading the Member Booklet and/or the Employer Booklet, or visiting a BT Investor Centre. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
  • Investments in BT Business Super are not deposits or other liabilities of the Bank or any other member of the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither the Bank nor any other member of the Westpac Group guarantees the capital value or performance of these investments or the assets of BT Business Super except as specified in the information brochure.
  • A Financial Services Guide for BT Business Super Fund can be obtained by downloading here, calling 1300 553 010, visiting www.bt.com.au or from any Westpac branch.

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Employee cover

Including insurance with employer super

Access great value insurance comprising death, disability and income protection. You can pay premiums on behalf of your employees or they can be deducted directly from employee super accounts each month.  Insurance via employer super has several important benefits:

  • It allows your members to access group premium rates
  • Premiums are paid directly out of the super account(s) with pre-tax money
  • In the event of death or disablement, individuals and their family are more likely to be able to maintain their lifestyle
  • Cover in some instances may include an automatic acceptance arrangement making the provision of medical evidence unnecessary
  • In many cases, your member’s cover can continue even after they cease employment with you.

Types of cover available 1

There are 3 types of insurance cover available:

  • Death only – provides a lump sum cash payment when you die or if diagnosed with a terminal illness, meaning you’ll die within 6 months
  • Death and Total and Permanent Disablement – provides a lump sum cash payment if you die or are permanently unable to work due to illness or injury
  • Salary Continuance – if you are unable to work for more than the 30 to 120 day waiting period due to temporary illness or injury, salary continuance pays up to 75% of your salary, in monthly instalments for either a 2 or 5 year period, or until age 65.
Things you should know
  • 1. For full definitions including a comprehensive guide as to when cover starts and finishes, download the BT Business Super Product Disclaimer Statement Member Booklet (PDF 2.2mb).
  • Westpac Securities Administration Limited ABN 77 000 049 47 is the trustee of the BT Business Super Fund and is the issuer of interests in the Fund. A Product Disclosure Statement (PDS) is available for the Fund and can be obtained by calling 132 135, downloading the Member Booklet and/or the Employer Booklet, or visiting a BT Investor Centre. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in the Fund.
  • Investments in BT Business Super are not deposits or other liabilities of the Bank or any other member of the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither the Bank nor any other member of the Westpac Group guarantees the capital value or performance of these investments or the assets of BT Business Super except as specified in the information brochure.
  • A Financial Services Guide for BT Business Super Fund can be obtained by downloading here, calling 1300 553 010, visiting www.bt.com.au or from any Westpac branch.

  •  

  • Adobe Acrobat Reader
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Apply for BT Business Superannuation now

Did you know?

Money Magazine has awarded Westpac the prestigious 'Business Bank of the Year" award for the third year in a row.

 



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