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AMP Flexible Lifetime - Allocated Pension

Past 5-year return
9.71%
Admin fee
$109
Calculated Fees on 50k
$1,279
A wide range of over 60 investment options from leading Australian and International investment managers plus Term Deposits on the menu
Pension refresh facility & super consolidation account
Fee rebates available on large account balances
Auto-rebalancing facility to smooth fluctuations in investment allocation
Minimum initial investment of $20,000 required to commence a pension
Online access to My Portfolio with regular reporting functionality
Established in 2003, AMP Flexible Lifetime Allocated Pension has been closed to new members since July 2010. As one of the leading funds in responsible investment, AMP Flexible Lifetime has received a 2018 Infinity Recognised status for the 9th consecutive year.Members have access to over 60 Diversified, Single-Sector and Single Manager investment options, as well as Term Deposits. The AMP Balanced Growth option has underperformed the SuperRatings Index over the short and long term. Fees for this product are higher than the industry average across all assessed account balances. However, rebates are available to members with account balances over $100,000, resulting in fee reductions up to 0.85% p.a. for account balances greater than $1 million. 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. 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
$109
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
0.55%
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
$109
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
0.55%
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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