Returns to June 30 2021
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Conservative Index | 5.6% | 3.33% | 2.96% |
| Median | 7.90% | 4.60% | 4.80% |
| Conservative Index VS Median | -2.30% | -1.27% | -1.84% |
| Active Balanced | 19.07% | 8.71% | 8.7% |
| Median | 18.00% | 7.90% | 8.80% |
| Active Balanced VS Median | 1.07% | 0.81% | -0.10% |
| Growth Index | 21.46% | 8.27% | 8.29% |
| Median | 22.40% | 9.20% | 10.40% |
| Growth Index VS Median | -0.94% | -0.93% | -2.11% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Conservative Index | 90.84 | 1.70% | $940.84 |
| Active Balanced | 90.84 | 1.35% | $765.84 |
| Growth Index | 90.84 | 1.80% | $990.84 |
Investment Rating
Morningstar
'Top 22.5%'
4/5
Insurance is available through AMP Flexible Lifetime Super. However, it is not rated by Omnilife. To compare all available options for insurance through your super fund please click below.
*Please note this is not the default Investment Option for this fund
Fund Information
ABN: 78 421 957 449
USI: AMP0195AU
Address: GPO Box 300 Paramatta NSW 2124
AMP Flexible Lifetime Super Review
AMP Flexible Lifetime Super is a retail super fund, one of a few superannuation products owned by AMP Limited.
The AMP Flexible Lifetime Super product has been replaced by AMP Flexible Super as the preferred product for new members without an adviser. It is now closed to new members.
AMP Flexible Lifetime Super’s Active Balance investment option fees are above the median for funds on Review My Super for a balanced/MySuper risk profile.
AMP Flexible Lifetime Super offers life, TPD and income protection insurance.
When Reviewing Super funds it’s a good idea to learn more about choosing a super fund. Consider the following:
Firstly, are you invested in the right risk profile? This is essentially the amount of risk you’re willing to take to achieve your desired investment return. High Growth investments will achieve the highest returns over the long run, and also carry the highest risk of loss in any one year.
Secondly, what to do about the insurance in your super? Most funds will come with a default amount of insurance cover for instance. For some people this will be very insufficient and for others it will be too much, for example. Therefore, tailoring your cover to your own circumstances is key.
Thirdly, what are the different ways you can contribute to super? Understanding contributions like salary sacrifice and the government co-contribution can help you make the most of your super.
Fourthly, and most importantly, make sure you review your super against other super funds under the ‘Fund Profiles’ tab and check out the top super funds, to see who the leaders are.
In addition, If you would like to speak to someone for some guidance when reviewing your super, then please fill in the ‘Speak To An Advisor’ form above and an advisor will be in touch to see how they can assist you.
In conclusion, understanding the key elements of super, conducting the appropriate research and seeking the best advice will help with choosing the best fund.
Frequently Asked Questions
Is AMP Flexible Lifetime Super an Industry Fund?
No, AMP Flexible Lifetime Super is a retail fund
Who Owns AMP Flexible Lifetime Super?
AMP Flexible Lifetime Super is owned by AMP Limited
Can Anyone Join AMP Flexible Lifetime Super?
No, AMP Flexible Lifetime Super is now closed to new entrants.
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