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    The average Aussie could be as much as $100,000 better off in first 10 years of retirement

    Super’s Boost-kept secret is out

    What would you do with your supercharged super? Maybe tick off those bucket- list trips? Or finally do the dream reno? With AMP Super’s award-winning feature, Lifetime Boost, more is possible. 



    The average Aussie could be as much as $100,000 better off in the first 10 years of retirement* just by joining AMP Super and unlocking Lifetime Boost. The earlier you add it, the bigger the boost could be. 

    * This information is illustrative only and does not replace financial advice. It illustrates the potential benefits for an average Australian with the AMP Super Lifetime feature activated for 30 years leading up to retirement, who allocates their balance 50/50 between an AMP Lifetime Pension and an AMP Allocated Pension. The average Australian in this illustration is assumed to be a 37-year-old single male with an $80K super balance, a $90K salary, contributing 12% with no career breaks, retiring at 67 with $175K in other assets at retirement, is a homeowner, and withdraws the minimum from the allocated pension. The illustration assumes annual investment returns of 6.33% and wage inflation of 3% p.a. All figures are shown in today’s dollars and are adjusted for 3% annual inflation. The benefits of Lifetime are only realised if you take out a Lifetime Pension. There is no obligation to take up this pension if you have the Lifetime feature, but the benefits will not apply if you do not.

         

    Lifetime Boost benefits at a glance

    • No extra effort

      All you need to do is join AMP Super and unlock Lifetime Boost. The sooner you start, the bigger the boost could be. 

    • No extra fees

      Supercharge your future income and improve overall retirement options for no extra fees or effort. 

    • Increase your Age Pension eligibility

      It works in the background to increase your eligibility for the Government Age Pension. The longer you have Lifetime Boost, the bigger the boost could be to your retirement income. 

    • Freedom to choose

      The feature doesn’t lock you in, it just gives your future self better retirement options. 

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    What is it?

    AMP Super Lifetime Boost is an award-winning feature that gives your super an extra kick. The feature doesn't change anything else in your account. There's no fees to switch it on and it doesn't lock you into anything. It could be the retirement boost you didn’t know you needed (hello, future vacay!) 

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    How does it work?

    It’s automatically included as a feature in your AMP Super account and it’ll work hard in the background to boost your retirement income. When it's time to retire and you decide to open an AMP Lifetime Pension, the AMP Super Lifetime Boost could give your Aged Pension eligibility an actual boost. This could mean a higher income in retirement for you. For example, the average Aussie could be as much as $100,000 better off in their first 10 years of retirement* with Lifetime Boost. 

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    When should I start?

    The sooner you add Lifetime Boost, the more powerful the lift could be to your retirement income. 

    Explainer

    Ready for super’s Boost-kept secret?

    Get insider updates on how AMP Super’s Lifetime Boost feature could grow your super like the average Aussie, who could be $100k better off in the first 10 years of retirement*. Plus enjoy tips, updates, and inspiration delivered straight to your inbox.

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    The information you provide is collected by N.M. Superannuation Proprietary Limited (NM Super) ABN 31 008 428 322, part of the AMP Group, to respond to your enquiry and provide information about our superannuation products and services. See further information below.

     

    Retirement Simulator

    See Lifetime Boost in action


    In just a few minutes, our Retirement Simulator shows you how different choices like adding a Lifetime solution could supercharge your retirement. 

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    Watch our video: Lifetime explainer

    Want to understand more about the Lifetime feature? Watch our explainer video to see how it works while you grow your super.

         

    Frequently asked questions
    Frequently asked questions

    Available to eligible members as part of an AMP Super account. The Lifetime feature can help to increase your income in retirement. The feature means that if you decide to invest in an AMP Lifetime Pension* at retirement, the balance counted for social security purposes is subject to a discount.

     

    In retirement, if you’ve invested in an AMP Lifetime Pension, Centrelink will use this discounted value when they apply the 'means test' to assess your eligibility for the Age Pension. Where you have an overall lower value of assets, it can lead to better eligibility for the Age Pension and that creates more income in retirement for you!

     

    The earlier you have the Lifetime feature switched on in your account, the bigger discount it can create for you. The feature doesn't change anything else in your account. There's no fees to switch it on and it doesn't lock you into anything.

     

    *AMP Lifetime Pension launches in 2026

    We're making this feature available now so members can start maximising the advantages for social security as soon as possible. The earlier you switch on the Lifetime feature, the bigger the social security advantage could be in retirement.

    The Lifetime feature works in the background of your AMP super account to maximise your retirement income options by calculating a discounted value to be used in retirement in the Government Age Pension asset test, which typically leads to more Age Pension eligibility.

    The Lifetime feature works in the background of your super account. It calculates a lower amount of growth to your account balance than typical actual growth. The rate used to do this is called a 'deeming rate' and it's set by the Government.

     

    The deeming rate is currently 2.25% (changing to 2.75% from 20 September 2025) which is generally allot lower than the actual growth on your account. This results in a lower amount being calculated which compounds over your working life.

     

    When you eventually retire, if you decide to move into our Lifetime Pension product, this lower amount is what Centrelink will use in the asset test to determine if you're eligible for the Age Pension. A lower amount used in the 'Asset test' by Centrelink creates a much better opportunity to get more Age Pension to add to your retirement income.

     

    Adding the Lifetime feature doesn't change how your super account works. There's no extra cost and it doesn't lock you into anything.

     

    The earlier you switch on the Lifetime feature, the bigger the advantage could be in retirement.

    The Lifetime feature will provide a discounted account value for all eligible members, however, some members individual circumstances may mean that the reduced account value used in the asset test won't change their social security outcome. For example:

     

    • Members with low balances and minimal assets outside of super may already qualify for the maximum Age Pension.
    • Members with very high super balances (including outside AMP) and/or members who have other significant assets outside of super may not qualify for the Age Pension at all.

    Members should speak to an Adviser or Super Coach (Intrafund Advice) to consider their personal circumstances.

    You can find out more by visiting the Services Australia website.

    Imagine what your retirement could look like if you had the comfort of knowing your pension payments will never run out.

     

    AMP Super is launching a new retirement product in 2026 that’s designed to give you an income stream for life. It is an ‘annuity style’ income stream with market linked returns; that is, your income, assessed annually, moves in line with the investment performance over the year.

     

    It also has the assurance of ‘money back’ options and an aged care bonus as well. And you can start benefitting today whilst it reaches back into your AMP super account to switch on the Lifetime feature years before you retire, which works its ‘magic’ (through social security rules) to help you get more potential Age Pension as additional income when you retire.

     

    More information and the details about the AMP Lifetime Pension are coming soon.

    AMP Lifetime Pension is launching in 2026. We'll be updating this page with more information as it becomes available.

    No. The Lifetime feature doesn't lock you into choosing AMP's Lifetime Pension. You can decide if the Lifetime Pension product is right for you when the time is right, usually as you approach retirement age.

     

    However, if you do not take out an AMP Lifetime Pension, Centrelink will use your actual super account balance (and not the discounted amount using the deeming rate) when assessing your eligibility under the Asset Test.

    By law, when you can start accessing your super 'in full', we must turn the Lifetime feature off in your account. The Lifetime feature is designed to convert into a Lifetime Pension* if you decide to start one in retirement. This means when you can start accessing all of your super, you'll need to tell us if you'd like to start a Lifetime Pension* with some or all of your balance. Otherwise, we will have to turn the feature off and the discounted value used in your asset test for Centrelink disappears. To access your super in full, you need to meet one of certain conditions (called ‘Conditions of Release’).

     

    So, if you're withdrawing your super for any of the following reasons, you should be aware that by doing so, you might be turning off the Lifetime feature in your account- and once its off, it can't be switched back on. See below:

     

    • You've reached age 65, or
    • You're withdrawing your super because you're aged 60- 64 and you confirm to us that you've either:
      • permanently retired or
      • ceased an employment arrangement on or after aged 60
    • You're withdrawing your super due to a terminal medical condition
    • You're withdrawing your super due to permanent incapacity claim

     

    During the time before the Lifetime Pension* is available OR if you aren’t eligible for a Lifetime Pension when you meet a ‘full’ condition of release (outlined above) the feature will simply be turned off in your account. The Lifetime feature will also be turned off if your account is closed.

     

    *Available in 2026

    Changing employers won't impact the Lifetime feature, unless you close your account in the AMP Super Fund. You can easily tell your new employer to pay your super into your AMP Super account online via My AMP.

     

    If you’re over age 60 and leave employment, the Lifetime feature will be turned off as at the date you left that employment

    You can move your super to another fund at any time but if you close your account, you'll lose the Lifetime feature completely along with the discount the Lifetime feature has been calculating.

     

    The law requires that for you to retain the advantage of the discounted growth rate (and for Centrelink to use the lower amount), you must remain within the same super fund.

    It depends on the reason for the partial withdrawal., If you roll part of your account balance to another super fund or into a Transition to Retirement account, the Lifetime feature will continue working in your account for the remaining amount. If you make a partial withdrawal because you've met a full condition of release, you'll lose the Lifetime feature in this account unless you are eligible and you decide to convert to the Lifetime Pension* product.

     

    *available in 2026

    When we are notified of a death, the Lifetime feature is turned off in the account. The discount that the Lifetime feature has been calculating can't transfer to your beneficiaries. Having the Lifetime feature on in your account won't impact the amount your beneficiaries receive.

    The lifetime feature does not change how your super account works and you are not obligated to use it. The Lifetime feature simply creates an opportunity for you to maximise your age pension benefits in retirement- only if you want to. For this reason, there's no reason to cancel this in your account when its added. The Lifetime feature will automatically turn off in your account when you meet a full condition of release or close your account.

    Any money coming in or out of your super account is captured in the calculation for the Lifetime feature provides, so if there is a portion of your account being paid to a former spouse as part of a family law arrangement, the Lifetime feature will adjust to the remaining balance. The discount that has been calculating cannot be transferred to your former spouse’s account.

    If you’re a MySuper member, and you want to activate the Lifetime feature, your account’s status will permanently change from a ‘MySuper’ to a ‘Choice’ account. Although MySuper accounts have additional legal protections in relation to fees and other characteristics, your fees, services and any insurance you hold would not change when Lifetime starts. You’ll also remain invested in your AMP MySuper Lifestages option (unless you or we make changes in the future).

    A MySuper member is a member who has not made a choice about which investment option in which their super is invested. The Trustee places them, by default, into an AMP MySuper Lifestages option (usually according to their date of birth).

     

    This usually occurs when an employer nominates an employee to become a member of a super fund such as the AMP Super Fund, and they make super contributions for their employee.

     

    MySuper members are defined by the Superannuation Industry (Supervision) Act 1993 (SIS Act) which requires trustees to promote the financial interests of their MySuper members.

    The SIS Act ensures all MySuper members receive a product that has common characteristics, such as low fees, a diversified investment option, a minimum level of insurance cover, simple features, and transparent reporting.

     

    Members who are not a MySuper member – that is, they have made a choice about investment options into which their super is invested - are called Choice members. MySuper members and Choice members who invest in an AMP MySuper Lifestages option receive the same fees, investments, insurance, and other product features.

    New members* joining AMP Super after May 2025 will have the Lifetime feature added to their account automatically when they make an investment choice or they can add the feature to their account if not automatically added.

     

    For existing* AMP Super members as at May 2025 who have made investment choices in the past (that is, Choice members), we will automatically add the feature to your account.

     

    Existing members* who have not had it automatically added (MySuper members) can easily add this to their account by becoming a Choice member through My AMP or by calling us on 131 267.

     

    We'll write to you to confirm if it's been added automatically or how to opt in if it wasn’t.

     

    *Subject to eligibility.

    The Lifetime feature is suitable for anyone who is in the accumulation phase of their working life in AMP Super.

     

    To be eligible though, you meet the following criteria: 

     

    • You were born after 19 May 1967,

    • Your account is not in a Defined Benefit arrangement

    • Your account is not a Transition to Retirement account

    For existing AMP Super members who have made investment choices in the past, we will automatically add the feature to your account. Members who haven't made any investment choices before can easily add this to their account through My AMP or by calling us on 131 267. We'll write to you to confirm if it's been added automatically or if you'll need to opt in. You can check anytime on your annual statement and in your My AMP account online.

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    Important information

    AMP Super refers to SignatureSuper® which is issued by N.M. Superannuation Proprietary Limited ABN 31 008 428 322 AFSL 234654 (NM Super) and is part of the AMP Super Fund (the Fund) ABN 78 421 957 449. NM Super is the trustee of the Fund.  

    ® SignatureSuper is a registered trademark of AMP Limited ABN 49 079 354 519.

    * More members can expect to get a higher retirement income when investing in AMP Lifetime Pension, along with an AMP Allocated Pension. Based on analysis performed by a third-party consulting firm, assuming most members are in good health. The analysis made certain assumptions including about the AMP membership profile, product allocation, investment strategy, returns and draw down rates, and the age pension rules and laws at the time of the analysis.

    Any advice is provided by AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121 (AWM Services) and is general in nature only. It doesn’t consider your personal goals, financial situation or needs. It’s important you consider the appropriateness of any advice and read the relevant product disclosure statement and target market determination available at amp.com.au, before deciding what’s right for you. AWM Services is part of the AMP group and can be contacted on 131 267 or askamp@amp.com.au.

    You can read our Financial Services Guide online 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 it provides. You can also ask us for a hard copy.

    The benefits of Lifetime is only realised if you take out a Lifetime Pension. There is no obligation however to take up this pension if you have the Lifetime feature but the benefits will not apply.

    The AMP Lifetime Pension is not currently available but is expected to be available in 2026. The issuer of AMP Lifetime Pension is NM Super.
The TMD and PDS for AMP Lifetime Pension is expected to be available in mid-2026 on www.amp.com.au/resources#pds.
Please review the PDS before deciding to acquire or hold the Lifetime Pension as there may be features or conditions of the Lifetime Pension that may not be suitable to you. NM Super may withdraw or change the Lifetime Pension in the future and therefore these benefits may not apply.

    Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West Awards issued May 2025 are solely statements of opinion and not a recommendation in relation to making any investment decisions. Awards are current for 12 months and subject to change at any time. Awards for previous years are for historical purposes only. Full details on Chant West Awards at https://www.chantwest.com.au/fund-awards/about-the-awards/

    By activating the Lifetime feature, your account’s status will permanently change from a ‘MySuper’ to a ‘Choice’ account. Although MySuper accounts have additional legal protections in relation to fees and other characteristics, your fees, services and any insurance you hold would not change when Lifetime starts and you’d remain invested in your Lifestages option (unless you or we make changes in the future).

    This information is illustrative only and does not replace financial advice. It illustrates potential benefits for a typical AMP Super member with the AMP Super Lifetime feature activated for 20 years leading up to retirement and allocate 50/50 between an AMP Lifetime Pension and an AMP Allocated Pension. A typical AMP Super member is a 47 year old single male, $90K super balance, $100K salary, contributes 12% with no career breaks, retires at 67 with $120K in other assets at retirement, homeowner and withdraws the minimum from the allocated pension. It assumes annual investment returns of 6.33%, wage inflation of 3% p.a. Figures shown in today's dollars and adjusted for 3% annual inflation.