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Summit Personal Super

Past 5-year return
10.86%
Admin fee
$660
Calculated Fees on 50k
$1,180
Suited to investors with diverse and complex investment needs, and ability to invest in term deposits
Sophisticated suite of investment options - including managed funds and direct assets across both super and non-super investments
Online access to view portfolio details, including consolidated investment reports
Fee aggregation between super and non-super investments
Established in 1992 as AMP's platform service, Summit Personal Super is designed for investors with diverse and complex investment needs. Summit Personal Super provides members with access to over 270 Diversified and Single Manager options. Access to Direct Shares, ETFs, LICs and Term Deposits is also provided. The Summit Select Diversified Active Balanced option has outperformed the SuperRatings Index over the 5 years to 30 June 2017. Fees for this product are higher than the industry average across all account balances assessed. A minimum member fee of $396 pa makes it particularly expensive for small account balances; however, a tiered administration fee scale provides discounts for larger account balances. Further savings can be obtained from family fee aggregation. No exit fees or switching fees are applicable, although changing investment options may incur transaction costs. Adviser commissions are charged as separate costs.A comprehensive insurance offering with flexible options is provided through the AMP Elevate Insurance solution. Members can apply for unlimited Death only cover and up to $5 million of Death & TPD cover. Both short-term and long-term Income Protection insurance is offered with a variety of waiting periods ranging from 14 to 730 days. As insurance is individually priced, our ratings are indicative only.Through North Online, members can access investment portfolio information, complete transactions and generate consolidated reports at any time.

Fees & fund features

Admin fee
Admin fee
$660
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
0.85%
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
$660
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
0.85%
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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