Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Industry fund
Australian Retirement Trust's Super Savings product offers an age-based default, actively managed and indexed investments, and both flexible retirement income and a lifetime pension pathway.
Super Savings is ART's public offer product. Business, Corporate and QSuper accounts have their own conditions; identify your exact account before comparing prices or cover.
Retail platform
BT offers Panorama Super and the self-directed BT Super Invest product. These are investment platforms with costs determined partly by what the member holds.
BT Super Invest is currently limited to existing Westpac customers aged at least 18 in Australia. Panorama has its own application arrangements.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
The costs and returns belong to the selected product, option or lifecycle stage.
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
| What to compare | Australian Retirement Trust | BT |
|---|---|---|
| Membership and access | Super Savings is ART's public offer product. Business, Corporate and QSuper accounts have their own conditions; identify your exact account before comparing prices or cover. Sources3 | BT Super Invest is currently limited to existing Westpac customers aged at least 18 in Australia. Panorama has its own application arrangements. Sources123 |
| Accounts and products | Super Savings public offer product. QSuper and employer-specific arrangements need separate comparison. Super Savings Accumulation Super Savings Retirement Income Transition to Retirement Income Lifetime Pension through QSuper Sources46 | Panorama Super and BT Super Invest. Sources123 |
| Investment choices | Super Savings Lifecycle Investment Strategy The default Lifecycle strategy changes the investment mix with age. Members can instead select diversified active portfolios, diversified index portfolios, asset-class index options or an Unlisted Assets option. The index menu includes Australian shares and hedged and unhedged international shares, so the currency choice is explicit. Sources12 | Shares, ETFs, managed funds, managed portfolios and other permitted investments, depending on the selected product and menu. Sources123 |
| Insurance | Super Savings has an insurance guide and quotation tools. ART explicitly cautions that standard Super Savings insurance information may not apply to its Business or Corporate accounts. An employer plan's terms can therefore matter more than a generic fund description. Sources3 | Check the insurance offering in the precise platform PDS; it should not be inferred from a former BT employer account. Sources123 |
| Retirement income | A Retirement Income account lets eligible members set payments and make withdrawals. Lifetime Pension is a separate product offered through QSuper and pays income for life, with payments adjusted each year. The purchase becomes permanent after the cooling-off period, so it requires a different comparison from an ordinary account-based pension. Sources45 | Super and pension account types are available. Minimum transaction-account balances differ by account phase. Sources123 |
| Advice and support | Use ART's product-specific support when comparing a Super Savings, QSuper or employer account, and ask for the scope and cost of any personal advice before engaging an adviser. This research does not verify a universal advice entitlement across all ART account types. Sources123456 | Panorama supports adviser use; Super Invest is marketed to self-directed investors. Sources123 |
| Fee details to check | Investment fees vary substantially between active portfolios, index options and Unlisted Assets. ART describes investment and transaction costs as estimates that can change each year. Add the administration charges for the exact account and any insurance rather than treating an investment-fee percentage as the total cost. Sources1 | Super Invest lists $540 a year plus a balance-based administration charge, then investment and transaction costs. Its quoted administration fee is not a total annual cost. Sources123 |
| Comparing investment performance | ART's accumulation option returns are net of investment fees, transaction costs and investment tax. Lifecycle is a strategy spread across age-dependent pools, not one return applicable to all ages. Pension returns and Super Savings versus QSuper returns require separate labels. Select the same age or age cohort when comparing Lifecycle options. Separate Super Savings from QSuper rather than counting them as unrelated funds or treating them as identical products. Sources2 | There is no single BT platform return. Compare the selected portfolio after platform, investment, transaction and advice costs. Sources123 |
| Former names and account history | Sunsuper: Merged with QSuper to form Australian Retirement Trust on 28 February 2022. QSuper: Merged with Sunsuper in February 2022; QSuper remains a distinct account and investment offering within ART. Qantas Super: Qantas Group Superannuation Plan completed its transfer to ART on 29 March 2025; heritage plan divisions remain relevant. Sources78 | This detail has not been verified for this profile. Check the current product documents. |
THE SUPERGURU VIEW
The strongest reason to examine Super Savings is the range of ways to invest without leaving the fund. It suits a comparison between an automatic age-based strategy and a deliberate index portfolio. Retirement choice is also useful, but the flexibility of an income account and the commitment involved in Lifetime Pension solve different problems.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
Most relevant when a person has a reason to use specific investments and will use the platform's extra control.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.
Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.
Read the full Australian Retirement Trust profile · Read the full BT profile · Choose another comparison
Checked 2026-09-11. Documents and product terms can change after this date.
Checked 2026-09-11. Documents and product terms can change after this date.