📜 A Pioneering History AMP's story begins in 1849 when it was founded as the Australian Mutual Provident Society. Its original purpose was to provide life insurance and financial security to Australians, operating on the principle of mutuality where members shared in the company's success.
🏙️ A Modern Financial Hub From its headquarters in Sydney, AMP has evolved into one of Australia's most established financial services companies. In 1998, the company demutualised and listed on the Australian Securities Exchange, transitioning from a member-owned society to a publicly held corporation.
🎯 Focus on Financial Futures Today, AMP provides a broad range of services including superannuation, financial advice, and investment management. The organisation's stated focus is on helping its customers manage their finances and work towards their long-term goals.
Assets Under Management
$54 Billion
Total Members
700,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$489 on $50k
AMP Super's default AMP MySuper Lifestages option uses a lifecycle approach, automatically assigning members to a decade-based cohort matching their birth year. Younger cohorts such as the 1990s Plus hold a higher allocation to growth assets like Australian and international shares, while older cohorts gradually shift toward defensive assets such as fixed interest and cash. This means the growth-to-defensive mix adjusts over time without members needing to make active investment decisions.
At an estimated $489 per year on a $50,000 balance, AMP Super sits above the industry median of $467. The fee structure combines a $1.50 weekly dollar fee with a percentage-based administration fee of 0.19% and a 0.015% trustee fee. Members seeking lower costs can choose index-based investment options, which carry reduced investment fees compared to actively managed alternatives.
AMP Super may suit members who value access to digital tools, simple financial advice, and a well-known financial services brand. It is particularly well-suited for people who prefer a retail fund experience with features like online super coaching, an investment profiler tool, and the flexibility to add insurance tailored to their life stage.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| AMP MySuper 1950s | +8.79% | +8.81% | +5.02% | +5.11% |
| AMP MySuper 1960s | +10.31% | +10.39% | +6.70% | +6.41% |
| AMP MySuper 1970s | +10.81% | +12.42% | +8.96% | +8.14% |
| AMP MySuper 1980s | +10.98% | +12.65% | +9.25% | +8.44% |
| AMP MySuper 1990s Plus | +10.90% | +12.58% | +9.14% | +8.25% |
| AMP MySuper Capital Stable | +8.89% | +8.92% | +5.08% | +4.98% |
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