Bt employer super pds

Annual Reportfor the year ended 30 June 2015This Annual Report has two parts:� Part 1 – BT Lifetime Super – Employer Plan Annual Report 30 June 2015� Part 2 – Defined Benefit Annual Report 30 June 2015Members should read both parts.BT Funds Management LimitedABN 63 002 916 458AFSL 233724Westpac Banking CorporationABN 33 007 457 141BT Lifetime Super – Employer PlanPart 1
Table of Contentspage 1page 3page 4page 6page 6Recent developments in superannuation1Proposed changes to superannuation3Product changes4Understanding your investment13Investments exceeding 5%17Other important information21Financial information25Table of contentsAbout this Annual ReportBT Lifetime Super – Employer Plan (BT Super) forms part of the Retirement Wrap super fund (Fund) ABN 39 827 542 991 and is issued by BT Funds Management Limited ABN 63 002 916 458, AFSL 233724 (‘BTFM’, ‘Trustee’, ‘we’, ‘our’ or ‘us’), the Trustee of Retirement Wrap. A Product Disclosure Statement (PDS) is available for BT Lifetime Super – Employer Plan and can be obtained by calling 132 135, or visiting bt.com.au. You should obtain and consider the information before deciding whether to acquire, continue to hold or dispose of interests in BT Lifetime Super – Employer Plan.The investment manager for the BT investment options is BT Investment Management (Institutional) Limited ABN 17 126 390 627, AFSL 316455 and for the BT Multi-manager investment options, the investment manager is Advance Asset Management Limited ABN 98 002 538 329, AFSL 240902. The Trustee may use other investment managers from time to time which are detailed within relevant disclosure material.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. The Bank and its related entities do not stand behind or otherwise guarantees the capital value or investment performance of any investment option offered through BT Lifetime Super - Employer Plan. Past performance is not a reliable indicator of future performance. This Annual Report provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. BT Funds Management Limited’s Financial Services Guide can be obtained by calling 132 135, or visiting bt.com.au. The 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.The Annual Report was prepared on 30 November 2015.