Back to: Superannuation

In a first for an Australian bank, BT Super for Life is a superannuation fund that allows you to conveniently see and manage super alongside your other Westpac Online accounts.

Banking and super on one screen now means that keeping up to date with fund performance, changing investment options and even making extra contributions from your savings account is as simple as logging on.

And being able to take your super with you from job to job and into retirement means it's the only super fund you'll need for life. It can take as little as 10 minutes to set up. No wonder BT Super for Life was voted Best New Product 2008 by SuperRatings.


Product Disclosure Statement (PDF 1.32Mb)
Financial Services Guide (PDF 297kb)

Additional features

• Low transparent fees - no switching, establishment, contribution, withdrawal or termination fees. And there are no commissions either. A recent study has shown that fees for BT Super for Life are 46% lower than the average fees for other retail personal super funds* The difference in fees can have a big impact on money saved for retirement
  
  
• Easy investment choices - You have 2 alternatives - let BT manage the investment mix for you with a Lifestage fund or you can specify the investment mix yourself
  
  
• Easily consolidate your super - If you are one of the many Australians who have super in more than 1 fund, we can help you consolidate those funds with our convenient and quick online rollover service
  
  
• Turn credit card points into super - In another first, you can now transfer Altitude reward points towards your own, your spouse or your child's BT Super for Life account and since this counts as an after-tax contribution, you could be eligible for government co-contributions
  
  
• Low cost insurance paid tax-effectively from your BT Super for Life account - Paying for life, total & permanent disability or salary continuance insurance means your take-home pay is not reduced, plus you're liable for less tax because super contributions are taxed at a concessional rate.

• Savings account
• Transition to Retirement account
• Retirement account

Account type	Account features
Savings account	You or your employer will add money to your super on an ongoing basis and you have not retired You have retired and you want to leave your money in super in a tax-effective environment and you do not want to regularly withdraw from your super. Back to top
Transition to Retirement account	You want to start withdrawing from your super You are between 55 and 64 years of age and you have not retired.
Retirement account	You are 65 years of age or older You are 60 or older and have left an employment arrangement since turning 60. You may have already started working for another employer or plan to do so in the future You are 55 or older and you do not intend to work more than 10 hours a week in the future Regardless of your age, your super is unrestricted non-preserved. Back to top

Like to know more?

Visit BT Super for Life frequently asked questions.

Interested in setting up your account now?

That's easy: just make sure you have your tax file number handy and set up your BT Super for Life account here in as little as 10 minutes. Alternatively, simply visit any Westpac branch or call 1300 653 553 (8:00am to 6:30pm Monday to Friday).