RateCity.com.au
Advertisement

AMP Flexible Super Retirement (Choice Package)

Past 5-year return
10.50%
Admin fee
$149
Calculated Fees on 50k
$524
A wide range of over 70 investment options plus Term Deposits
One consolidated statement for super and pension accounts
Online straight through processing on investment switches 24/7
Pension Refresh Facility
Online access to My Portfolio with regular reporting functionality
Launched in May 2010, AMP Flexible Super Retirement is designed to be a simple and low-cost retirement solution. It has achieved its 8th consecutive Platinum rating in recognition of its competitiveness across our key assessment criteria. As one of the leading funds in responsible investment, the fund has also received a 2018 Infinity Recognised status for the 9th consecutive year.The Choice package provides members with access to greater investment choice and flexibility than Core & Select Packages, featuring over 70 Diversified, Single-Sector and Single Manager investment options, as well as Term Deposits. The Super Easy Balanced option has undererformed the SuperRatings Index over the short and long term.Fees for this product are lower than the industry average across all assessed account balances. No switching and exit fees are charged, although changing investment options may incur transactional costs. Furthermore, members with account balances greater than $1million may be eligible for rebates. An excellent level of pension flexibility is provided. Members can choose from multiple payment frequencies ranging from fortnightly to annually, and can also nominate a specific drawdown order and elect any dates for pension payments. A Pension Refresh Facility offers members a quick and easy way to rebalance between their super and retirement accounts.AMP's website contains a variety of financial simulators and retirement calculators, as well as a Goals info centre with a wealth of online tools and educational materials available. The fund's interactive digital advice tool 'AMP Goals 360' is designed to assist members to plan and track their retirement goals.

Fees & fund features

Admin fee
Admin fee
$149
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
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
$149
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
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
Compare your product with the big 4 banks, or add more products to compare