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Flexible Lifetime® - Super

This product no longer accepts new personal applications or new employer-sponsored applications. If you are an existing client this change does not affect your account - you can continue to transact and make changes to your existing account (including adding new supporting employers to your account) as you do today. Existing employer sponsors can also continue to transact and make changes to their Flexible Lifetime - Super plan including adding new employees. If you are looking to invest in a super account, you can view our available products.

Call us on 1300 158 587

Talk to a financial planner

Flexible Lifetime® - Super may be suitable for individuals and employees. This plan is incredibly flexible, yet easy to manage.  It offers a wide range of investment and insurance options that can be tailored to meet your changing needs.

  • Take advantage of flexible contributions

    You, your employer and your spouse can make regular contributions or invest a lump sum as often as you like (subject to contribution limits and your personal eligibility)

  • Save money with the family bonus

    Link your Flexible Lifetime® - Super accounts to one immediate family member and help save even more on management costs

  • Manage your retirement

    Easily transfer money from your super account to your retirement account using the pension refresh facility.

Want to know about your statement and mailing date?

Visit AMP's statements page

Understanding Flexible Lifetime® Super

This lifetime super solution makes it easier for you to contribute to your super while you're still working and receiving retirement income payments. The Flexible Lifetime® - Super offer is part of AMP's Flexible Lifetime Solutions range of products.

Who it suits

  • Super accounts - suitable for individuals or employers wanting a complete super plan to help save for retirement.
  • Retirement accounts - suitable for individuals wanting to receive a regular income either in retirement or while building for retirement.

MySuper

MySuper is a "default" investment option which is where your super contributions are invested automatically unless you make an investment choice.

If you haven't chosen an investment option, your contributions will be automatically directed to the new default investment option, AMP's MySuper investment option specific to your decade of birth (described below) or an alternative MySuper arrangement as agreed with your employer.  If you're unsure on which investment option you are part of, please contact AMP.

AMP MySuper investment option

Jeff Rogers from AMP Capital Investments explains the benefits of AMP's MySuper investment option for members

 

  • If you join Flexible Lifetime-Super and don't tell us where you'd like your money invested, it's automatically invested into the AMP MySuper investment option according to the decade in which you were born.
  • AMP's MySuper investment option gives you an investment solution that takes you through your working life, continuously evolving to align with the changing stages of your life. 
  • Your super savings are actively managed for you in a way that is appropriate for your age and time to retirement. This means that younger investors will be invested into higher-growth investment strategies because they have a long period to retirement and can afford to take more risk. For those approaching retirement, investments will focus more on preserving the capital you've have built up, reducing risk and changing the focus towards assets that preserve your savings.

Interactive Tool: AMP's MySuper investment option - How are funds allocated in the lifecycle investment option?

Select a decade of birth to understand how super savings are managed according to that age group:

  • 1990s or later

  • AMP MySuper investment option: AMP MySuper 1990s

    Investment Allocation

    You: Goodbye school and hello journey into adulthood!

    Your focus: You may be studying, working, travelling, living at home or with friends, saving for a holiday, car, house or have a mortgage.

    MySuper strategy: We manage and change your investments over your lifetime to reflect the priorities of someone born in the 1990s. At this stage, we manage your money in a way that's focused on growth so your super is invested in growth assets such as shares and property.

  • 1980s

  • AMP MySuper investment option: AMP MySuper 1980s

    Investment Allocation

    You: You may be thinking about how to better organise your money so you have more financial freedom.

    Your focus: You may be considering your first home, a new home, renovating, higher education, getting married, taking a holiday, having children or saving for their education.

    MySuper strategy: We manage and change your investments over your lifetime to reflect the priorities of someone born in the 1980s. At this stage, we manage your money in a way that's focused on maximising your growth potential so your super is invested in growth assets such as shares and property

  • 1970s

  • AMP MySuper investment option: AMP MySuper 1970s

    Investment Allocation

    You: You may be focused on building assets for yourself or a family.

    Your focus: You may be purchasing a house or investment property, renovating, supporting a family, paying for kids' education or enjoying a family vacation. Retirement is still not a priority but it's beginning to become a consideration. It's never too early to make sure your retirement savings are on track.

    MySuper strategy: We manage and change your investment over your lifetime to reflect the priorities of someone born in the 1970s. At this stage, we manage your money in a way that's focused on maximising your growth potential so your super is invested in assets such as shares and property. We have slightly increased the 'defensive assets' such as fixed interest and cash holdings to help preserve the savings you've accumulated so far.

  • 1960s

  • AMP MySuper investment option: AMP MySuper 1960s

    Investment Allocation

    You: By now, you've probably got on top of a lot of life's responsibilities.

    Your focus: Your children may have their own lives and you're now considering overseas holidays, watching your grandchildren grow and keeping an eye on your investments. Retirement may be on the horizon so it's a good time to make sure your super savings are on track

    MySuper strategy: We manage and change your investment over your lifetime to reflect the priorities of someone born in the 1960s. At this stage, we have reduced the proportion of shares held and have increased your holdings of cash and fixed interest. This ensures an active move away from growth to more defensive assets in order to help preserve the savings you've accumulated during your working life.

  • 1950s

  • AMP MySuper investment option: AMP MySuper 1950s

    Investment Allocation

    You: It's now time to relax and enjoy life beyond work.

    Your focus: If you're not already enjoying retirement, you're planning to. This may be time to downsize or maybe you want to help your children or grandchildren.

    MySuper strategy: We manage and change your investment over your lifetime to reflect the priorities of someone born in the 1950s. At this stage, we manage your money in a way that's focused more on defensive assets than growth to ensure your current savings are not put at undue risk and volatile market conditions. The proportion invested in shares have decreased while cash and fixed interest have increased more substantially

  • Prior to 1950s

  • AMP MySuper investment option: AMP MySuper Capital Stable

    Investment Allocation

    You: Welcome to retirement! You may be enjoying life after work or are in the process of transitioning from work.

    Your focus: Now is the time to reap the benefits of your superannuation savings. It is important to preserve your capital but also be able to enjoy the result of your long-term earnings.

    MySuper strategy: Your investment options change over your lifetime to reflect the priorities of an average investor born before the 1950s. At this stage, this investment option now focuses mainly on providing income-generating assets and ensuring stability of your investment so a greater proportion of your assets will be invested in cash and fixed interest.

  • MySuper Dashboard

    AMP MySuper Dashboard

    This Dashboard provides a summary of the investment performance, risk and fees for your MySuper option.

What are the features?

  • Flexible contributions - you, your employer and your spouse can make regular contributions or invest a lump sum as often as you like (subject to contribution limits and your personal eligibility)
  • Wide investment choice - you can choose up to 10 investment options (plus Term Deposits) from a selection of over 60 managed by leading Australian and international investment managers
  • Management fee rebate - potential to save up to 0.85% a year on management costs
  • Family bonus - you and one immediate family member can 'link' your Flexible Lifetime accounts to help you save even more on management costs
  • Easy switching - you can switch between investment options at any time, plus there's a handy auto-rebalance facility
  • Optional insurance benefits - you can choose to apply for tailored personal insurance
  • Online access and regular reporting - keep track of your account anytime online using the convenient My Portfolio facility
  • Pension refresh facility - you can easily transfer money from your super account to your retirement account.

How to contribute

Call 1300 158 587 for more information.

  • Cheque or money order

  • Personal contribution Spouse contribution Employer contribution

    Complete the superannuation contribution form

    Make a cheque / money order out to: AMP Life Limited - Flexible Lifetime Super

    Send to:

    AMP Life Limited
    PO Box 300
    Parramatta
    NSW 2124

    Available for employers with 1 - 5 employees

    Complete the superannuation contribution form

    Make a cheque / money order out to: AMP Life Limited - Flexible Lifetime Super

    Send to:

    AMP Life Limited
    PO Box 300
    Parramatta
    NSW 2124

    Note: Where the contribution is made for more than 1 employee, please attach a separate Schedule with each employee's member details and the contribution amount per employee.

  • BPay

  • Choose the right biller code from the table below depending on the type of contribution you want to make. Find out your BPAY customer reference number (CRN) instantly online.
    Personal contribution Spouse contribution Employer contribution

    Biller Code: 879080

    Quote the Customer Reference Number (CRN) on your annual statement (or log onto My Portfolio, click on your account and select Manage account > How to contribute to find your CRN).

    Biller Code: 879098

    Quote your spouse's Customer Reference Number (CRN). They can find this on their annual statement (or they can log onto My Portfolio, click on their account and select Manage your account > How to contribute to find their CRN).

    Contribution type Biller code
    SG and Award 879072
    Salary sacrifice & additional employer contributions 443721
    Member 879080

    Quote your employee's Customer Reference Number (CRN) found on your payment reminder notice or ask your employee for their CRN. They can find this on their annual statement.

    Note:

    Contributions for each employee must be paid in a separate BPAY transaction as each member has a unique CRN.

    New employees must be registered for a CRN before you make a BPAY contribution to their account. Please complete and return the Employer Nominated Application form.

  • Direct Debit

  • Personal contribution Spouse contribution Employer contribution

    Contribute regularly or once off, by completing and returning a Direct Debit request form.

    Contribute regularly or once off, by completing and returning a Direct Debit request form

    Note: If you are setting up a regular direct debit, you should monitor your employees' required contribution amounts regularly and change the direct debit amount as required.

  • InvestEasy

  • Personal contribution Spouse contribution Employer contribution

    Access InvestEasy via phone or online through My Portfolio to make regular or one-off direct debit contributions.

    To set up InvestEasy, follow the direct debit instructions above.

    Not available
  • EFT

  • Personal contribution Spouse contribution Employer contribution
    Not available

    Contact us on 131 267 or polinfo@amp.com.au for bank account or other information.

    Note: Call us to set up an ongoing EFT arrangement with us. For each contribution payment, please supply all relevant information so that we may correctly apply the contribution to your employee's account. Please ensure the payment matches the details provided.

  • Credit card

  • Personal contribution Spouse contribution Employer contribution

    One-off contributions can be made by calling 131 267

    Payments can be made by Visa and Mastercard only

    Each time a contribution from a credit card is made, it incurs a 0.88% processing fee.

    One-off contributions can be made by calling 131 267.

    Each time a contribution from a credit card is made, it incurs a 0.88% processing fee.

    Note: For each contribution payment, please supply all relevant information so that we may correctly apply the contribution to your employee's account. Please ensure the payment matches the details provided.

  • AMP eSuper

  • Personal contribution Spouse contribution Employer contribution

    AMP eSuper is an online service enabling employers to easily manage their employee super payments.

    Click here for AMP eSuper support contact details and to register for AMP eSuper. Once you have registered, you can: set up new employee super accounts; pay contributions for all linked employees; and advise of an employee ceasing employment.

    Click here to login to your AMP eSuper account and make a contribution.

    Note: You must have an existing Flexible Lifetime Super, AMP Flexible Super, CustomSuper or SignatureSuper employer account to register for eSuper.

     

    AMP eSuper is an online service enabling employers to easily manage their employee super payments.

    Click here for AMP eSuper support contact details and to register for AMP eSuper. Once you have registered, you can: set up new employee super accounts; pay contributions for all linked employees; and advise of an employee ceasing employment.

    Click here to login to your AMP eSuper account and make a contribution.

    Note: 

    You must have an existing Flexible Lifetime Super, AMP Flexible Super, CustomSuper or SignatureSuper employer account to register for eSuper.

    New employees must be registered in AMP eSuper for you to make contributions on their behalf.

Important notes for members / individuals:

Claiming a personal tax deduction - If you are self-employed and intend to claim a personal tax deduction on your personal contributions made to super, you will also need to complete and submit a Notice of Intent to claim a tax deduction on personal superannuation contributions form. We will send you an acknowledgement of your intention which you will need to retain for tax purposes.

Other contribution types - If you're making one of the contributions below, please complete and return the relevant Australian Taxation Office (ATO) form, with the contribution. The form can be found by searching for the ATO form number on the ATO website.

Contribution type Form name ATO form number
Consolidation or rollover contribution (only from another super fund) Rollover Benefits Statement NAT 70944
CGT Exempt contribution Capital gains tax exempt election NAT 71161
Personal Injury contribution Contributions for personal injury form NAT 71162
First Home Saver Account contribution Super contributions from a First Home Saver Account NAT 72537

What you need to know

Any advice in this page is general in nature and is provided by AMP Life Limited ABN 84 079 300 379 (AMP Life). The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters. Before making a decision about the product you should consider the Flexible Lifetime Super Product Disclosure Statement available from AMP at amp.com.au or by calling 1300 157 173. The issuer of Flexible Lifetime Super is AMP Superannuation Limited ABN 31 008 414 104. AMP Life is part of the AMP Group and can be contacted on 1300 157 173 or askamp@amp.com.au. If you decide to purchase or vary a financial product, AMP Life and/or other companies within the AMP Group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium you pay or the value of your investments. You can ask us for more details.

® Registered trademark of AMP Life Limited ABN 84 079 300 379