
On this page
% p.a
$65
$760

Quick pension fund review
For AMG Super - Account Based Pension
These are the benefits of this pension fund.
- 5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
- Direct access to direct equities for members.
- Same fee structure as the employer and personal products but no tax rebate available.
- Online access to all transactions and investment performance.
- Access to all the same benefits (except insurance) as offered through the employer and personal products.
AMG Super was established to service the retirement needs of members from a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. The Account Based Pension requires a minimum initial investment of $20,000 to commence membership.AMG Super offers an investment menu of 5 diversified options, 6 single sector options, as well as access Direct Shares, ETFs, LICs, Managed Funds and Term Deposits. The Balanced option outperformed the relevant SuperRatings Index over the year to 30 June 2021; however, underperformed over the longer term.Fees are higher than the industry average across all assessed account balances. The administration fee is tiered and will reduce further for account balances greater than $250,001. The fund does not charge switching fees, although a buy-sell spread may apply.AMG Super Account Based Pension offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members may also select from binding and non-binding death nominations, as well as reversionary pensions.The fund provides members with account information, investment trading facilities and interactive portfolio performance history tools. Authorised advisers may also use a range of innovative administrative and investment tools through the Adviser Content Hub.
Read More
Pension fund overview
For AMG Super - Account Based Pension
- Features
- Insurance Cover
- Fees
Features
Binding nominations | |
Account size discount | Online Access |
Home loans | Financial planning service |
Non-lapsing binding nominations | Employer size discount |
Anti-detriment payments | Credit cards |
Insurance Cover
Health insurance | Insurance life event increases |
Total and permanent disability cover | Long term income protection |
Fees
Admin fee $65 | Administration fee (%) 0.68% |
Switching fee $0 | Investment fee |
Indirect cost ratio (%) 0.71% | Exit fee $0 |
Target Market Determination
Visit AMG Super to view Target Market Determination.