Simplicity

• Online account opening ensures your account is up and running quickly. 
• When you open an account, a transaction account is automatically established for you. The transaction account allows you to manage your account easily and efficiently.
• Automated drawdown and automatic reinvesting strategies help manage your cash balance.
• You have the ability to share your documents with your adviser through your secure online document library.

Manage your investments

• Manage your investments and account in one convenient location online at bt.com.au/panorama.
• In Super, the following can be set up:
  • a regular contribution plan, making it easy to control the cash flows into your account and Manage
  • automated regular investments into your existing managed funds, managed portfolios and Tailored portfolio1 assets.
• If you have a Pension or Transition to Retirement Pension you have the flexibility to choose your income payment amount (within statutory limits) and the frequency of payments.

Vision

Your account is designed to be accessed online, through your mobile, tablet or desktop computer. A consolidated view and reporting on your account (such as your transaction history or a breakdown of your investment portfolio by asset class) is available 24 hours a day, 7 days a week.

Support

A range of reports are available online giving you up-to-date information (such as performance returns) so that you can stay informed.

You can also access current information such as topical news items, ASX pricing, company information and upcoming dividend information.

Access to insurance protection

You may be able to access a comprehensive range of insurance options . You can obtain a copy of the relevant product disclosure documents from your adviser. What type of cover is available?

• Death and Terminal Illness - Helps to ensure your family remains financially secure if you die or become terminally ill.
• Total and Permanent Disability cover - Pays a benefit if you become totally and permanently disabled. It may assist with medical and rehabilitation costs, and provide a level of financial security for your family. 
• Income Protection cover cover - Can provide a monthly benefit4 to replace a portion of the income lost if you are working and then unable to work at your full capacity due to sickness or injury. 

Access to investment options

• Panorama Super gives you a single point of access to a range of investments
• You have the choice between a Compact menu or Full menu, which have different investment options and different administration fees. You can obtain a list of the investments available to you and copies of the relevant disclosure documents from your adviser. 

Distribution reinvestments

If you invest in managed funds, any distributions you receive in respect of those investments will be paid in cash into your transaction account. However, you can nominate for your distributions to be used to acquire new units in that managed fund (where the fund manager offers ‘reinvest’ and in circumstances where we choose to allow it), and the cash will be reinvested in the relevant managed fund. Distribution reinvestments do not apply to listed securities or managed portfolios, including if those investments are held within a Tailored portfolio.

Income preference

• Managed portfolios - If you invest in managed portfolios, you can choose to have income (dividends and/or distributions) paid into the cash allocation of your portfolio and reinvested in accordance with the managed portfolio option you have selected. Alternatively, you may be able to choose to have income transferred to your transaction account.
• Tailored portfolios - If you utilise Tailored portfolios, you can choose to have income (dividends and/or distributions) paid into the cash allocation of your portfolio and reinvested in accordance with the pre-determined investment strategy you have selected. Alternatively, you may be able to choose to have income transferred to your transaction account. The option to have income transferred to your transaction account may not be available to all investors in managed portfolios or those members utilising Tailored portfolios. Speak to your adviser to see whether this feature is available to you.

Corporate actions

When a corporate action is announced, where possible, you will be given the option to participate in the corporate action. Should we allow members to participate in a corporate action, notification will be provided to you or your adviser (depending on who is the primary authorised user of your account) outlining the options for participation and the corporate action can be managed online.

Online consent

You may collaborate with your adviser to review and provide your consent online to changes on your Panorama Super account. If your adviser chooses to use online consent, you will receive a SMS or an email advising you of a pending request. You can then see the details of the request and respond in the online Message Centre, available once you have logged into the secure website or mobile application. When requested by your adviser, we will act on any approval instruction you provide through this facility. Talk to your adviser to see whether online consent is available to you.

Reporting

Your Annual Statement will be available online by logging into your account at bt.com.au/panorama after the end of the financial year. You will receive an email notification as soon as it becomes available. Where we’re permitted to by law, other important information about your account will also be made available at bt.com.au/panorama or sent to your email address. 

Tailored portfolios

You may have access, through your adviser, to Tailored portfolio tools. Tailored portfolio tools can assist your adviser's dealer group or your managed discretionary account (MDA) provider (as applicable), when providing instructions on your behalf, to construct, manage and rebalance your investments in accordance with a pre-determined investment strategy you have chosen. Your adviser will work with you to determine an investment strategy for you, based on your desired objectives.

Commencing an income stream

If you open an account for the purpose of receiving an income payment but have not yet commenced the pension, you may invest any balance in the available investment options. Any investment earnings prior to commencing the pension, will be taxed as if you are in the accumulation phase. The starting balance of your pension (including earnings) will count towards your transfer balance cap. This also applies to existing pension accounts being transferred to Panorama Super.