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AMP CustomSuper - MySuper

Past 5-year return
New fund
Admin fee
$89
Calculated Fees on 50k
$759
Lifecycle investment strategy
Active portfolio management
Insurance available on an opt-in basis or built into the employer plan
Online member access via My Portfolio
Established in 1993 to cater for large employer groups, AMP CustomSuper has been closed to new employer plans. AMP CustomSuper - MySuper was introduced in January 2014.The AMP CustomSuper - MySuper uses a lifecycle investment approach, which is designed to reduce the level of growth assets members are exposed to as they approach retirement. The MySuper 1960s option has underperformed the SuperRatings Index over the last two years. Long term returns are currently not available. Choice members have access to over 80 Multi-Manager and Single Manager investment options. Access to Lifestage investment strategies and Term Deposits is also provided.Fees associated with this product are higher than the industry average across all account balances assessed. However, discounted MySuper Administration Fees may be negotiated by an employer plan. No switching fees are charged, although changing investment options may incur transaction costs. However, exit fees apply for partial and full withdrawals.AMP CustomSuper provides members with access to Death only, Death & TPD and Income Protection (IP) cover. Members can apply for up to $3 million of Death & TPD cover, or increase their existing cover upon the occurrence of certain life events without medical evidence. IP is available over a 2 year or to age 65 benefit period, with a choice of 30, 60, 90 and 180 day waiting periods. As premiums are tailored to individual employer plans, our assessments are indicative only.AMP's website contains a variety of financial simulators and retirement calculators, as well as a Q&AMP info centre, which provides members with a wealth of educational materials, tools and online learning. Furthermore, the fund's interactive digital advice tool 'AMP Goals 360' helps members to plan and keep on track of their retirement goals.

Fees & fund features-0

Admin fee
Admin fee
$89
Exit fee
Exit fee
$38
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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
$89
Exit fee
Exit fee
$38
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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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