Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
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.
Retail fund brand
Nationwide Super offers an age-based default, a personalised GoalTracker Plus strategy and a menu for members who want to choose investments themselves.
Employer and personal membership terms differ, particularly for automatic insurance.
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 | BT | Nationwide Super |
|---|---|---|
| Membership and access | BT Super Invest is currently limited to existing Westpac customers aged at least 18 in Australia. Panorama has its own application arrangements. Sources123 | Employer and personal membership terms differ, particularly for automatic insurance. Sources123 |
| Accounts and products | Panorama Super and BT Super Invest. Sources123 | Nationwide Super products within Russell Investments Master Trust. Sources123 |
| Investment choices | Shares, ETFs, managed funds, managed portfolios and other permitted investments, depending on the selected product and menu. Sources123 | GoalTracker MySuper adjusts by age. GoalTracker Plus uses information the member supplies; members can instead choose diversified, low-carbon, sector or indexed options. Sources123 |
| Insurance | Check the insurance offering in the precise platform PDS; it should not be inferred from a former BT employer account. Sources123 | Eligible employer members receive automatic Death and TPD. Income Protection requires an application and insurer acceptance. Sources123 |
| Retirement income | Super and pension account types are available. Minimum transaction-account balances differ by account phase. Sources123 | Check the current retirement product documents and advice service for the account you plan to use. Sources123 |
| Advice and support | Panorama supports adviser use; Super Invest is marketed to self-directed investors. Sources123 | A Super Adviser service can help with investments and insurance. Ask what is included and what incurs a fee. Sources123 |
| Fee details to check | 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 | Use Nationwide's own insurance, fees and costs guide. A shared Russell APRA product label is not evidence that all brands have identical costs. Sources123 |
| Comparing investment performance | There is no single BT platform return. Compare the selected portfolio after platform, investment, transaction and advice costs. Sources123 | Published returns are net of investment fees, investment taxes where applicable and the trustee administration fee. GoalTracker Plus members should use their own statement for personalised returns. Sources123 |
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.
THE SUPERGURU VIEW
Worth examining for someone who wants help setting an investment strategy but wants to retain the option to build their own mix.
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 BT profile · Read the full Nationwide Super 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.