Five stars for outstanding value
With five stars for outstanding value from CANSTAR, you can feel confident with Australia’s favourite for super.1
Only pay for what you need
Flexible fees mean you only pay for what you need, when you need it. It's your money and you're in control.
Easy online and mobile access
Access your finances simply and securely, while at your desk or on the move, with My AMP.
Wide range of investment options
A wide range of investments from low-cost options to a selection of leading-edge funds.
Easy to take from job to job
A super fund that’s easy to take from job to job and into retirement.
Tailor your insurance as you go
You can choose the type and level of insurance you need. And if life changes, you can apply for more.
What are my investment options?Show more
Leave it to the experts
We manage your investment risk to adjust to
safer investments as you get older. Your funds will
be invested into the AMP Lifecycle Active option.
Choose by risk level
Choose the risk level and leave it to us
to select the underlying investment.
Build your own
Take greater control of your super by
building your own investment mix.
How does it perform?Show more
We understand that performance is important to you and could make all the difference when it comes to your retirement. We’ve summarised the average performance for our most popular investment mix below2. This investment mix is called Leave it to the experts where we manage your investment risk to adjust to safer investments as you get older.
|Leave it to the experts
(Lifecycle Active strategy)
|6 mths||1 yr||3 yr||5 yr|
|AMP Lifecycle Active 1990s||6.29%||12.41%||n/a||n/a|
|AMP Lifecycle Active 1980s||6.42%||12.63%||n/a||n/a|
|AMP Lifecycle Active 1970s||6.11%||12.17%||n/a||n/a|
|AMP Lifecycle Active 1960s||4.0%||8.97%||n/a||n/a|
|AMP Lifecycle Active 1950s||3.06%||7.00%||n/a||n/a|
|AMP Lifecycle Active Capital Stable||2.75%||5.96%||n/a||n/a|
As at 31st March 2017
For more detail on the performance of the product and to stay up to date, take a look at the performance and unit prices.
Before selecting a super fund there are a range of factors that you should consider. You should also read the product disclosure statement. Please note that past performance is not necessarily an indicator of future performance.
It’s MySuper authorised. What does that mean?
MySuper is a simple default investment option. It is intended by the government to make comparing super products easier based on key differences like cost and investment performance. MySuper authorised means it meets the specific standards set under legislation, including fee structures and generally a basic level of insurance coverage.
If you don't select an investment option, your contributions will be paid into a MySuper investment option.
What will it cost me?Show more
Our fee structure means you only pay for what you want. This means your AMP Flexible Super can be a simple, no-frills low-cost super account. Or it can be the super which offers you plenty of specialised investment choices plus comprehensive insurance with income protection. It’s flexible and completely up to you.
For our most popular investment mix 'Leave it to the experts', our fee structure is:
|Leave it to the experts
(Lifecycle Active strategy)
||Investment fee (ii)||Stronger Super fee
||Plus member fee per week(i)(iii)|
|AMP Lifecycle Active 1990s||0.60% pa||0.40% pa||0.04% pa||$1.68|
|AMP Lifecycle Active 1980s||0.60% pa||0.40% pa||0.04% pa||$1.68|
|AMP Lifecycle Active 1970s||0.60% pa||0.40% pa||0.04% pa||$1.68|
|AMP Lifecycle Active 1960s||0.60% pa||0.40% pa||0.04% pa||$1.68|
|AMP Lifecycle Active 1950s||0.60% pa||0.40% pa||0.04% pa||$1.68|
|AMP Capital Stable||0.60% pa||0.40% pa||0.04% pa||$1.68|
For our MySuper investment option, our fee structure is:
|MySuper investment fees||Fee amount|
|Weekly Member fee(i)||$1.99|
|Investment fee||0.15% pa|
|Administration fee||0.50% pa|
For all other investment levels, our fee structure is:
|Weekly Member fee(i)||$1.68||$2.24||
|Administration fee- Super and Retirement||0.25% to 0.50% pa||0.25% to 0.50% pa||0.25% to 0.85% pa|
|Investment fee(ii) – Super||0.15% to 0.40% pa||0.10% to 0.31% pa||0.10% to 2.20% pa|
|Investment fee(ii) – Retirement||0.15% to 0.34% pa||0.10% to 0.34% pa||0.10% to 2.20% pa|
|Stronger super fee - Super||0.04% pa||0.04% pa||0.04% pa|
|Stronger super fee - Retirement||0.01% pa||0.01% pa||0.01% pa|
(i) This fee increases 1 July each year in line with the CPI.
(ii) In addition to the Investment fee, performance based fees are paid to certain investment managers when they meet specific investment performance targets. They are deducted from the investment and are reflected in the daily unit price or crediting rate.
(iii) Applicable fee if only invested in the Core investment level, weekly member fees for other investment levels are listed in the tables above.
For full details of fees and options, talk to your financial adviser or look at your product disclosure statement.
Insurance that can change with youShow more
You can choose the type and level of insurance you need. Paying for your insurance through your super doesn’t affect your take-home pay. And if life changes, you can apply for more.
Essential Protection is quick and easy to apply for, and gives you death cover (including terminal illness), plus total and permanent disablement (TPD) cover up to $250,000.
Super Protection offers higher levels of cover, as well as temporary incapacity cover.
AMP Flexible Super - RetirementShow more
AMP Flexible Super - Retirement keeps your money working while paying you a regular income. So you’re free to enjoy all those things you want to do.
- One product to take you from your work life into retirement.
- Flexible pension payment options so you can choose how much and how often.
- A wide range of investments from basic, low-cost options to a selection of leading-edge funds.
- Competitive fees – you only pay for what you need.
- Easy online and mobile access.
- A Pension Refresh® facility that makes it easier to manage the paperwork when rebalancing between your super and retirement accounts.
1. Choose your investment mix
2. Choose your insurance
3. Provide your details & submit
Important informationShow more
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.
The issuer of AMP Flexible Super is AMP Superannuation Limited.
AMP Flexible Super is a registered trade mark of AMP Limited.
AMP Flexible Super – 2016 winner for outstanding value by CANSTAR.
1 Favourite for super – largest market share by assets under management at aggregate level for super. Plan for Life, Marketer View – Retail managed funds, September 2016.
2 The table above sets out the investment option returns for the SuperEasy Lifestages Fund. Investment option returns are calculated from changes in the unit price (or crediting rate declared) of the investment option over the period shown and are after the deduction of fees, costs and superannuation fund earnings tax included in the unit price (or crediting rate declared). Investment option returns assume a sum of money is invested at the beginning of the time period and neitherdrawn upon not added to throughout that period. Your actual rate of return of your account will vary from those displayed depending on the timing of contributions, switches or withdrawals that you have made over the period and any fees and rebates charged directly to your account.