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AMG Super - Account Based Pension

Past 5-year return
9.72%
Admin fee
$65
Calculated Fees on 50k
$685
5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
Direct access to direct equities for members.
Same fee structure as the employer and personal products but no tax rebate available.
Online access to all transactions and investment performance.
Access to all the same benefits (except insurance) as offered through the employer and personal products.
AMG Super was established in 2000 from a collaborative initiative between DDH Graham Limited and Pension Investments Limited to help their members achieve their retirement goals. The minimum investment of $20,000 is required to commence an AMG Pension.Members have access to five diversified and six single sector multi-manager options, as well as a variety of single-manager options, a term deposit, and direct shares. Cumulatively, members have access to more than 80 managed funds. The AMG Balanced option has underperformed the SuperRatings Index over the five-year period to 30 June 2017. However, returns are subjected to variation due to the number of options available.Fees are lower than the industry average across all assessed account balances. No switching fee will be charged; however, buy-sell spreads and exit fees may apply. The administration fee is tiered and the maximum fee will be capped at $3,850 per annum for account balances greater than $1,000,000.Pension payments are made on a monthly, quarterly, half-yearly or annual basis to the member's nominated bank account and members can nominate a drawdown strategy. The product offers estate planning features such as binding nomination and reversionary pension.Members have access to SuperMatch Request, a lost super finding facility, as well as their account details online and financial planning services.

Fees & fund features

Admin fee
Admin fee
$65
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$65
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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