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AMP Flexible Super (Choice Package)

Past 5-year return
9.64%
Admin fee
$149
Calculated Fees on 50k
$554
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 2009, AMP Flexible Super is designed to be a simple and low-cost superannuation product. The Choice Package provides members with access to greater investment choice and comprehensive insurance cover, compared to members in the Core and Select packages. As one of the leading funds in responsible investment, AMP Flexible Super has received a 2018 Infinity Recognised status for the 9th consecutive year.The product offers over 70 Diversified, Single-Sector and Single Manager investment options, which include a Lifecycle Active investment strategy. Access to Term Deposits is also provided. The Super Easy Balanced option has underperformed the SuperRatings Index over the five years to 30 June 2017. Fees for 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. Also, members with account balances greater than $100,000 may be eligible for rebates on Premium investment options. Basic insurance cover (Essential Protection) is automatically provided with up to $250,000 of Death & TPD cover. Additional cover (Super Protection) is also available, allowing members to apply for up to $5 million of Death & TPD cover. Income Protection is available over a 2 year, 5 year or to age 65 benefit period, with a choice of a variety of waiting periods from 30 to 720 days.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
$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
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