AMP Bank

AMP SignatureSuper Allocated Pension

Past 5-year return
4.02%
Admin fee

$91

Calc fees on 50k

$971

SuperRatings awards
Past 5-year return
4.02%
Admin fee

$91

Calc fees on 50k

$971

SuperRatings awards

MICHAEL KIANG

5.0
7 Reviews

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Pros and Cons

Pros and Cons

  • For full details of fee discounts applicable on a member's plan, contact AMP SignatureSuper on 1300 366 019.
  • Dynamic investment menu providing access to over 80 investment options, including a range of multi-manager ethical investment options via the AMP Responsible Investment Leaders suite
  • Lifestyle education and wealth management resources available to members through a network of commission free financial planners

Summary

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. AMP is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.Members have access to an extensive investment menu featuring over 80 Diversified, Single-Sector and Single Manager strategies, as well as Term Deposits. The Future Directions Balanced option underperformed the SuperRatings Index over each time period assessed to 30 June 2019.Fees for this product are higher than the industry average across all assessed account balances. However, we note the fixed dollar member fee and asset administration fee can be tailored to individual plans, hence, our ratings are indicative only. This product offers an excellent level of pension 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. AMP's website contains 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.

Features and Fees

AMP Bank Fees and Features

    Pros and Cons

    • For full details of fee discounts applicable on a member's plan, contact AMP SignatureSuper on 1300 366 019.
    • Dynamic investment menu providing access to over 80 investment options, including a range of multi-manager ethical investment options via the AMP Responsible Investment Leaders suite
    • Lifestyle education and wealth management resources available to members through a network of commission free financial planners

    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. AMP is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.Members have access to an extensive investment menu featuring over 80 Diversified, Single-Sector and Single Manager strategies, as well as Term Deposits. The Future Directions Balanced option underperformed the SuperRatings Index over each time period assessed to 30 June 2019.Fees for this product are higher than the industry average across all assessed account balances. However, we note the fixed dollar member fee and asset administration fee can be tailored to individual plans, hence, our ratings are indicative only. This product offers an excellent level of pension 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. AMP's website contains 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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    AMP Bank Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
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      Investment option performance
      BALANCED
      HIGH GROWTH
      CONSERVATIVE BALANCE
      SECURE
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      PROPERTY
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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