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Uncomplicated investment options tailored for a range of risk profiles

BT Lifetime Super - Employer Plan is a superannuation plan set up by employers for their employees. Members benefit from reduced administration costs and insurance premiums.

Employer benefits

  • MySuper compliant default options for members
  • Simple and uncomplicated for SMEs
  • Flexible and scalable enough for corporate businesses, with possible fee discounts for larger plans.
  • Straightforward administration with BT Online Employer (BTOE).

One super payment

BTOE allows employers to pay contributions to other super providers via the BT Employer Clearing House Online (ECHO).  Instead of making several super payments to multiple super funds, employers need only make 1 payment through our PayDeduct facility and ECHO will disburse bulk super contributions to employees on your behalf.

BT has created a BT Online Employer Easy User Guide (PDF 1.2MB) for a complete step-by-step guide on how to use BT Online Employer, including how to use our clearing house facility. This user guide is available on the BTOE secure site at all times and is updated each time BTOE receives an enhancement.

Westpac and BT

BT has been providing employer-sponsored super solutions to employers and individuals since 1991. 

BT Financial Group is part of the wealth management arm of the Westpac Group and is one of Australia’s leading wealth managers with over $144 billion in funds under management and administration.

BT Lifetime Super – Employer Plan - MySuper Lifestage Investment Options

Type of fee Amount
How and when paid
Investment fee 0.50% pa of your account balance
Plus Performance fee estimate 0.0% p.a.
Deducted from the BT MySuper Lifestage Investment Option and reflected in the unit price on a daily basis.
Administration fee $60.00 pa ($5.00 per month).
Plus 0.45% p.a. of your account balance.
Less any Administration fee rebate negotiated between your employer and us.
Deducted from your account balance at the end of each month or when you leave BT Super, by way of deduction of units.
Deducted from the BT MySuper Lifestage Investment Option and reflected in the unit price on a daily basis.
Buy-sell spread 0.22%–0.38% depending on your BT MySuper Lifestage Investment Option. Cost of the buy/sell will generally be incurred partly when you invest and partly when you withdraw from the BT MySuper Lifestage Investment Option.
Switching fee Nil  
Exit fee Nil  
Advice fee
relating to all members investing in a particular MySuper product or Investment Option.
Other fees and costs1 Member advice fee, if you agree a fee with your Financial Adviser
Plus Insurance costs, if you have insurance cover in BT Super.
This amount may vary and is deducted from your account balance on the date the fee or cost is incurred.
Indirect cost ratio
Stronger Super Expense Recovery and Superannuation Levy.
Up to 0.10%2 p.a. Deducted from the BT MySuper Lifestage Investment Option and reflected in the unit price on a daily basis.

1. Additional fees and costs may apply. Please refer to the ‘Additional explanation of fees and costs’ in the Additional Information Booklet Part 1 - General section for more information.
2. This amount has not been determined for the financial year before this PDS was issued. It has been included as an estimate of what the indirect cost ratio may be for the current financial year.

See BT Lifetime Super Employer Plan Product Disclosure Statement (PDF 2.2mb) for a full list of fees.

BT Lifetime Super – Employer Plan allows you to tailor insurance arrangements better suited for employees, and with the added benefits of insurance at group premium rates.

Insurance options include Death Only, Death and Total & Permanent Disablement, and Salary Continuance (subject to occupational eligibility) for benefit periods of 2 years, 5 years and up to age 65.

Things you should know


BT Funds Management Limited ABN 63 002 916 458 is the trustee of the BT Lifetime Super Employer Plan 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. 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 Lifetime Super Employer Plan 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 Lifetime Super Employer Plan except as specified in the information brochure.

You can download the Financial Services Guide for BT Lifetime Super Employer Plan (PDF 73kb) or obtain a copy by calling 132 135, visiting or from any Westpac branch.