Fee |
AMP Lifecycle MySuper |
Super Easy LifeStages |
Choose your own mix |
Investment fee (i) |
0.30% |
0.10% to 0.20% |
0.00% to 1.90%
|
Administration fee |
0.29% |
0.50% (ii) |
0.25% to 0.85% (ii) |
Member fee |
$7.57 per month(iii) |
$7.57 to $10.08 per month |
$7.57 to $12.65 per month |
Switching fee |
Nil |
Nil |
Nil |
Transaction cost allowance (iv) |
0 to +/- 0–0.52%
|
0 to +/- 0–0.34%
|
0 to +/- 0–1.90%
|
Advice fee for personal advice |
As agreed between you and your financial adviser |
Insurance fees |
Insurance premiums will apply if you have insurance cover |
Indirect cost ratio (v) |
0.28% to 0.41%
|
0.05% to 0.08%
|
0.00% to 1.64%
|
(i) For certain investment options, the investment fee may include estimates of amounts deducted from underlying investments including amounts charged on the gross assets of the underlying investment. These estimated amounts may vary and as a result the investment fee for these investment options may be more or less than the amounts shown which are based on the known actual or estimated costs incurred for the last financial year. Past costs are not a reliable indicator of future costs.
(ii) You may qualify for an administration fee rebate. Please refer to the Getting to know your AMP Flexible Super fact sheet for more detail.
(iii) If you invest your super account wholly in the AMP Lifecycle MySuper option, you will pay the MySuper fees only. If you choose to hold both AMP Lifecycle MySuper and other options, you will pay the MySuper Member fee, plus any excess of the other relevant Member fee.
(iv) The range shown here is based on the latest information available to us as at 15 May 2020. The transaction cost allowance can change at any time and may exceed the maximum amount shown.
(v) Costs are variable and may be more or less than the estimated amounts shown which are based on the known actual or estimated costs incurred for the last financial year. Past costs are not a reliable indicator of future costs.
Learn more about the fees in the Product Disclosure Statement and Getting to know your AMP Flexible Super fact sheet.