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AMP Flexible Super Retirement (Select Package)

Past 5-year return
10.50%
Admin fee
$119
Calculated Fees on 50k
$494
Low cost & simple investment offering
One consolidated statement for super and pension accounts
Online straight through processing on investment switches 24/7
Family linking offered (includes linking to members of an employer plan to get the employer size discounts)
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. The Select package provides members with additional features such as greater investment choices compared to its Core product.Members have access to 10 Diversified investment strategies which include a AMP Retirement Choice option specific for pension members, and a Cash option. Over 70 investment options can also be accessed by upgrading to the Choice Package. The Super Easy Balanced option has underperformed the SuperRatings Index over the short and long term.Fees associated with this product are lower than the industry average across all assessed account balances. No switching or exit fees are charged, although changing investment options may incur transactional costs. A higher member fee is applicable compared to Core Package.The product provides members with an excellent level of flexibility. 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
$119
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
$119
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
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