“Within the next decade, super held by Australians is expected to triple to around $3 trillion.”
Super is already the largest form of savings for Australians, but for many it’s still too complex. They see their super as a bit of a black box and they want better control and ‘ownership’. So we’ve answered their call.
Our answer is Super for Life – a truly breakthrough super product that puts people in control by making super part of their everyday banking and saving activities. Banking and super together on one screen!
It took a unique partnership between BT and the banking arms of Westpac to make this happen. Thinking outside the square was just part of it – like automatically providing investment options that are tailored to the individual life-stages of customers and that change as they change.
We’ve also thrown in ‘no-questions-asked’ default life insurance cover for everyone. And those with an Altitude credit card can convert their points into Super for Life contributions.
Best of all, it comes with super low fees, for both management and administration, because we’ve built it as a simple easy-to-use online super product that individuals control.
Super for Life is a big part of our plans. Our goal is to have 1 million customers with their super with us by 2010, 2 million by 2015.
Great teamwork, expertise and dedication of the BT and Westpac teams has meant we’ve been able to make a real difference to the financial lives of many Australians in a way no other super provider ever has before.