Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Legacy retail fund product
AMG Personal Super and Pension is closed to new members. Existing members continue to have a separate product within the AMG Super legal fund.
The current Acclaim disclosure library explicitly labels AMG Personal Super and Pension as closed to new members.
Retail fund
AMP Super combines SignatureSuper's age-based MySuper options with investment choice, digital advice and retirement products. Its Lifetime Boost feature needs more explanation than a simple benefits tick.
Check the SignatureSuper PDS and any employer plan's terms. Restricted employer MySuper arrangements should not be treated as the same product as the standard SignatureSuper MySuper offer.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
The costs and returns belong to the selected product, option or lifecycle stage.
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
| What to compare | AMG Personal Super and Pension | AMP Super |
|---|---|---|
| Membership and access | The current Acclaim disclosure library explicitly labels AMG Personal Super and Pension as closed to new members. Sources1234 | Check the SignatureSuper PDS and any employer plan's terms. Restricted employer MySuper arrangements should not be treated as the same product as the standard SignatureSuper MySuper offer. Sources3 |
| Accounts and products | Legacy AMG Personal Super and Pension. Sources1234 | SignatureSuper in AMP Super Fund. MyNorth is a separate platform and legal super fund. SignatureSuper AMP MySuper Lifestages AMP Flexible Retirement Income AMP Lifetime Retirement Income Sources6 |
| Investment choices | The disclosed investment service includes listed securities, term deposits and cash arrangements. Existing members should check their own current menu before placing an instruction. Sources1234 | AMP MySuper Lifestages AMP's MySuper strategy allocates members by date of birth and gradually changes the growth and defensive mix. SignatureSuper also offers investment choice, including index-style, multi-manager and single-manager approaches, subject to the current menu. Sources12 |
| Insurance | Occupation-rating and insurance application documents remain in the disclosure library. Existing cover depends on the member's product and policy terms. Sources1234 | Use the insurance guide for your SignatureSuper membership or employer plan. Insurance fees depend on the cover held; the presence of an AMP account does not establish the level of cover or that an application would be accepted. Sources3 |
| Retirement income | Pension documents remain available for existing members. A legacy pension's rules should be checked before changing accounts. Sources1234 | AMP offers a flexible allocated-pension product and a separate Lifetime Retirement Income product. Lifetime Boost in accumulation only produces its intended retirement benefit if the member later takes the AMP lifetime-income product. It is not an immediate cash bonus paid into the account. Sources56 |
| Advice and support | An adviser can review whether the existing account still serves the member's portfolio and retirement needs; product closure alone does not establish that switching is better. Sources1234 | Eligible AMP Super members can access Digital Financial Advice through My AMP at no extra fee. It has an eligibility and service scope; more complex planning should be compared separately from the digital service. Sources4 |
| Fee details to check | Read AMG Personal's PDS with the July 2026 product and administrator updates. Use its own costs, not Acclaim Core's managed-option pricing. Sources1234 | Identify the product, selected option and employer arrangement before comparing charges. Costs can include administration, investment and transaction costs, insurance and personal advice. North's menu-based fees should not be substituted for SignatureSuper's charges. Sources3 |
| Comparing investment performance | Returns depend on the investments held. Historical AMG MySuper returns should not be presented as the performance of every AMG Personal account. Sources1234 | MySuper Lifestage returns belong to birth cohorts and their changing investment mix. Compare the same cohort or age and common end date. An option's short-term return is not evidence that every SignatureSuper member received the same result. Keep AMP Super and MyNorth separate. Explain the MySuper-to-Choice change and conditional nature of Lifetime Boost before presenting it as a benefit. Sources1 |
THE SUPERGURU VIEW
Relevant to existing members comparing their current arrangement with available alternatives.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
AMP has a more involved retirement proposition than a simple accumulation account. That may interest someone planning how super and the Age Pension could work together, but the value rests on the conditions and the eventual retirement product. The Lifetime label needs careful reading before it becomes a reason to choose the fund.
Sources5
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.
Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.
Read the full AMG Personal Super and Pension profile · Read the full AMP Super profile · Choose another comparison
Checked 2026-09-11. Documents and product terms can change after this date.
Checked 2026-09-11. Documents and product terms can change after this date.