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AMP Flexible Super Retirement (Core Package)

Past 5-year return
8.01%
Admin fee
$91
Calculated Fees on 50k
$451
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Low cost and simple investment offering
One consolidated statement for super and pension accounts
Online straight through processing on investment unit switches 24/7
Complimentary super consolidation service provided by AMP
Ability for customers to receive all communications electronically
Pension Refresh Facility that allows a quick & easy consolidation of an existing super and pension account to a new pension account by completing 6 quick tick box questions
Launched in May 2010, AMP Flexible Super Retirement is designed to be a simple and low-cost retirement solution. AMP is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.The Core Package provides members with 5 Diversified investment strategies, which includes a AMP Retirement Choice option specific for pension members, and a Cash option. Members can also access over 70 investment options by upgrading to the Choice Package. The Super Easy Balanced option underperformed the relevant SuperRatings Index over the 7 years to 30 June 2018.Fees associated with 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. Compared to members in the Select and Choice Packages, Core members enjoy a reduced member fee.This product provides members with an excellent level of flexibility. Members can choose from multiple payment frequencies ranging from fortnightly to annually and elect any date for pension payments. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. 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, which provides members with a wealth of educational materials, tools and online learning. Furthermore, the fund's interactive digital advice tool 'AMP Goals 360' is designed to assist members to plan and keep on track of their retirement goals.
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Fees & fund features

Admin fee
Admin fee
$91
Administration fee (%)
Administration fee (%)
0.50%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.07%
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
$91
Administration fee (%)
Administration fee (%)
0.50%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.07%
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
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Calculated Fees on 50k
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