The percentage administration fee will be waived for six months when you open an AMP pension account if you satisfy the conditions1.
Our fees have been lowered to better protect your savings and income for retirement.
Check-in on your balance with a complimentary retirement health check. Our experienced team can help you understand how your investment choices can affect your retirement income stream.
Options to suit your retirement goals
Not quite ready to stop working?
If you’ve reached your preservation age, and are still working, you can use your super to start a tax-effective income stream.
A transition to retirement option could provide you financial flexibility by enabling you to access a portion of your super while continuing to work part, or even full-time.
Retired, or ready to retire?
If you’ve permanently retired and have reached your preservation age, you can choose to convert your super balance into a flexible income stream to support your retirement goals.
Setting up this pension option allows you to choose how your savings are invested for your retirement.
Get retirement ready
Whether you’re ready to retire, or have only recently started thinking about it, here are some things to consider for when setting up your pension account.
To be able to open an AMP pension account, you must be over the preservation age or qualify under one of the exemptions.
Before starting your pension account, check-in on your super to see if it’s all in one place. If you already have an AMP super account, you can easily find and consolidate your super savings via find my lost super.
An AMP pension account allows you to nominate your spouse as a reversionary beneficiary who can continue to receive an income stream from your pension when you’re no longer here.
Our online application form makes it easy to apply for an AMP pension account.
Administration fees and costs
0.19% pa charged on the first $500,000 in your account2, plus $6.50 per month. If you have linked super and pension accounts in the AMP Super Fund you’ll only be charged the member fee once.
Investment fees and costs
0.00 - 1.67% pa investment fees and costs and 0.00 - 1.28% pa transaction costs, depending on the investments you hold.
Additional member activity related fees may apply, such as transaction cost allowance or advice fees for personal advice. Refer to the fees and costs section in the product disclosure statement, member guide and investment guide for more information.
Select up to 15 investments from our range of 27 investment options, which includes single-sector funds, diversified multi-manager options, and both Australian and international options.
We're here to help
If you need some help or want to find out more, our team is here to help.
Mon - Fri: 8.30am – 7pm (AEST)
Talk to a retirement specialist
What you need to know
1 You must have held an account in the AMP Super Fund for at least 12 months and meet the eligibility criteria in the PDS.
2 Administration fees are incurred on each account held by a Member. If a Member holds more than one account, a separate fee cap will apply to each account held. For more information, read the product disclosure statement.
AMP pension refers to SignatureSuper® – Allocated Pension which is issued by N.M. Superannuation Proprietary Limited (N.M. Super) ABN 31 008 428 322 and is part of the AMP Super Fund (the Fund) ABN 78 421 957 449. NM Super is the trustee of the Fund.
Before deciding what’s right for you, it’s important to consider your particular circumstances and read the relevant product disclosure statement, target market determination or terms and conditions available from us at amp.com.au or by calling 131 267.
Any advice and information provided is general in nature, hasn’t taken your circumstances into account, and is provided by AWM Services Pty Ltd (AWM Services) ABN 15 139 353 496. NM Super and AWM Services are part of the AMP group. 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 retirement health check is a general advice conversation only. It is provided by AWM Services Limited (AWM Services) ABN 15 139 353 496, AFS Licence No. 366121 (AWMS) to eligible members of the AMP Super Fund. AWM Services is a wholly-owned subsidiary of AMP.
® SignatureSuper is a registered trademark of AMP Limited ABN 49 079 354 519.