AMP Super has delivered top quartile returns of more than 11% for the majority of its MySuper members for the financial year ending 30 June 2026.
Members invested in AMP’s default MySuper 1970s and 1990s Lifestage investments received returns of 11.3%, while those in AMP’s default MySuper 1980s saw returns of 11.2%.
Around 80% of MySuper members (all default members born in 1970 or later) are invested in these options, with the 1970s option the largest by assets under management.
For those members wanting access to a higher growth allocation, AMP’s Future Directions High Growth choice option delivered returns of 12.1%.
This marks the third year in a row that AMP Super has delivered returns in excess of 11% for its members and follows the launch of a market-first retirement package by AMP in May that allows more Australians to confidently convert their superannuation balances into lifetime income.
As of the latest data at 31 May 2026, AMP’s key MySuper default options were all top quartile across 1, 3, and 5 year periods.
Resilience and cost control key to strong performance
The portfolios have benefited from the structural momentum behind AI-themed exposures and have shown resilience through the March sell-off and ongoing geopolitical uncertainty, while maintaining a deliberate Lifestage approach to strategic asset allocation.
Key contributors to the strong returns this year include an overweight to emerging market equities, particularly South Korean shares, a rigorous focus on cost control and AMP’s Dynamic Asset Allocation overlay.
AMP Super was recently awarded the Best Fund for Digital Advice at the 2026 Chant West Awards and was recognised as Best for Value and Best for Flexibility for the second year running in WeMoney’s Superannuation Awards 2026.
Anna Shelley, AMP’s Chief Investment Officer said:
“We’re thrilled to have closed out the financial year by delivering strong returns of more than 11% for the majority of our members.
“Markets rewarded patience and discipline this year, with positioning for resilient global earnings and the structural momentum behind AI driving strong returns for our members.
“The March sell-off was a reminder that geopolitical shocks can move markets quickly, but as super fund managers it’s important we stay focused on the long-term drivers of returns and the strength of diversified portfolios.
“We are pleased to see that discipline pay off for members, with our overweight positions in international and emerging markets making a meaningful contribution.
“We remain focused on actively managing portfolios for members with discipline and maintaining diversification while looking for value-accretive opportunities amid increasing geopolitical uncertainty.”
Melinda Howes, Group Executive, Superannuation & Investments, AMP said:
“These returns are another fantastic outcome for AMP Super members and will make a meaningful difference, delivering higher balances at retirement.
“We recognise that great investment returns are only part of the solution and a big focus of our team is to ensure that our members can turn that balance into maximum retirement income. We don’t just provide leading services and support to help members understand and engage with their super, but personalised advice and new income solutions to let them maximise their income in retirement.
“During the year, we launched a range of solutions that continue to make a real difference to members at every touchpoint – including a new online super comparison tool, digital financial advice on both super and retirement, and our market-first Lifetime Retirement Income offering that is a game-changer in helping more Australians retire with confidence.”
AMP’s MySuper Lifestages approach
Part of AMP’s Lifestage MySuper offerings, the 1970s option is the largest option by funds under management.
AMP’s MySuper Lifestage options automatically adjust asset allocations based on a member’s age, gradually shifting from higher growth to more defensive investments as retirement approaches.
This approach is designed to reduce risk later in life while still capturing growth in earlier years — and has continued to support positive outcomes across all age cohorts.
Meanwhile, AMP’s Future Directions fund is a multi-manager choice option that benefits from AMP’s dynamic asset allocation program, an approach which aims to achieve growth with smoother returns by negotiating the ups and downs of the market.