Key dates and keeping your employees informed

Key dates

From
November 2013

Impacted members (i.e. those who have not provided an investment direction) will receive a letter to explain what
MySuper is and how they are affected. This mailing will also include:

  • a form that enables them to provide AMP with an investment direction
  • Member Brochure containing  information  about
    • What is MySuper?
    • AMP's approach to MySuper
    • Where a members super contributions will be invested
    • Fees
You can download the brochure here.
From
1 January 2014

AMP's MySuper investment option will be available from 1 January 2014.

From 1 January 2014, you are required to contribute into a super fund that offers a MySuper investment option unless the employee has exercised a choice of fund. If an employee exercises a choice of fund, the employer does not have an obligation to check if it has a MySuper investment option.

By 1 July 2017 If a member has not provided AMP with an investment direction then a member's super account balance from before 1 January 2014 will remain invested in their default investment option(s) in the plan, but will be transferred to AMP MySuper prior to 1 July 2017. For more details, please refer to the section headed 'MySuper transition and accrued default amounts explained' in the Member Brochure. You can download the brochure here.

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Important information

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It’s important to consider your particular circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. 

This information is provided by AMP Life Limited. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice.