AMP SignatureSuper was established in 2003 to cater for corporate superannuation plans wanting greater flexibility and tailored features, with the Allocated Pension established in 2007. This product was moved to the Super Directions Fund effective 15 May 2020.Members have access to an extensive investment menu, featuring a wide range of Multi-Sector and Single-Sector options, as well as Term Deposits. The Future Directions Balanced option underperformed the SuperRatings Index over each time period assessed to 30 June 2020.Fees for this product are higher than the industry average across all assessed account balances. However, we note member fees can be tailored to individual employer plans and a large plan discount may apply to reduce the asset administration fee, hence, these ratings are indicative only. No switching fees are charged, although changing investment options may incur transactional costs.This product offers an excellent level of pension flexibility. Members can choose from multiple payment frequencies ranging from fortnightly to annually and can apply for EasyDraw which allows them to make an additional income payment by phone or via the online account without completing a withdrawal form. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.AMP's website provides members with access to a variety of financial simulators and retirement calculators, as well as a Goals info centre with a wealth of online tools and educational materials. Furthermore, the fund's interactive digital advice tool 'AMP Goals 360' is designed to assist members to plan and track their retirement goals.

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