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AMG Personal Super and Pension vs Vision Super

Compare what each fund offers, then choose investment options to put their published costs and returns side by side.

By SuperGuru Group · Research checked 11 September 2026 · Historical APRA figures to 30 June 2026

AMG Personal Super and Pension

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.

Membership

The current Acclaim disclosure library explicitly labels AMG Personal Super and Pension as closed to new members.

Vision Super

Industry fund

Vision Super now includes the former Active Super membership. Its current products need to be read alongside the transfer notices, because the merger did not make every historical option or insurance arrangement identical.

Membership

The fund has Super Saver and Personal products, plus existing defined benefit and retirement arrangements. Eligibility and insurance can differ by product.

Compare fees and investment returns

Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.

APRA product data to 30 June 2026
MeasureChoose an investment optionVision MySuper
Return basisChoose an optionMySuper net return after administration costs, $50,000 representative member
3-year return, per yearChoose an option9.16%
5-year return, per yearChoose an option6.69%
7-year return, per yearChoose an option7.59%
10-year return, per yearChoose an option8.14%
APRA strategic growth allocationChoose an option76.58%
Reported total fees, net of tax, at $50,000Choose an option$305 a year (0.61%)
Administration and advice costs, net of tax (included in total)Choose an option$115 a year
2026 performance testChoose an optionPass
New-member status at reporting dateCheck the current product eligibility rulesCheck the current product eligibility rules

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.

How the products differ

AMG Personal Super and Pension and Vision Super: product features and conditions
What to compareAMG Personal Super and PensionVision Super
Membership and access

The current Acclaim disclosure library explicitly labels AMG Personal Super and Pension as closed to new members.

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The fund has Super Saver and Personal products, plus existing defined benefit and retirement arrangements. Eligibility and insurance can differ by product.

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Accounts and products

Legacy AMG Personal Super and Pension.

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Super Saver, Personal, pension and transition-to-retirement products, with existing defined benefit arrangements.

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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.

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A range of diversified and single-asset choices. Some former Active products retain their own history and disclosures. Vision's Diversified Bonds option closed in June 2026, while the former Active Managed Cash option was consolidated in October 2025.

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Insurance

Occupation-rating and insurance application documents remain in the disclosure library. Existing cover depends on the member's product and policy terms.

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The fund publishes separate insurance documents for Super Saver and Personal. Employment type, including casual employment, can affect the application process.

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Retirement income

Pension documents remain available for existing members. A legacy pension's rules should be checked before changing accounts.

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Pension and transition-to-retirement accounts are available. Existing lifetime or defined benefit pensions require their own scheme information.

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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.

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Vision Super Financial Planners can help with super and pension questions. The tailored-advice schedule sets out which services carry a fee.

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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.

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Use the current PDS for your product, not an old Active Super cost estimate. Former Active members should check their transfer notice and current statement.

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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.

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Vision publishes separate performance information where needed for former Active options. Its notes distinguish super, transition-to-retirement and retirement pension returns because their tax treatment differs.

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THE SUPERGURU VIEW

Our take on AMG Personal Super and Pension

Editorial assessment

Relevant to existing members comparing their current arrangement with available alternatives.

What deserves a closer look

  • Closed to new members does not mean all existing accounts have transferred.
  • AMG Super's shared ABN also covers other products with different fees and investment arrangements.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE SUPERGURU VIEW

Our take on Vision Super

Editorial assessment

Especially relevant for existing Vision or former Active members assessing their current arrangements and comparing alternatives.

What deserves a closer look

  • A merged legal fund can still contain materially different product histories.
  • Check whether an old investment option still exists before building a comparison around it.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

Before choosing between AMG Personal Super and Pension and Vision Super

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 Vision Super profile · Choose another comparison

Sources for AMG Personal Super and Pension

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Current product documents and closure status
  2. Investment arrangements
  3. July 2026 product updates
  4. Brand and legal fund history

Sources for Vision Super

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Investment performance and Active transfer notes
  2. Significant event notices
  3. Insurance management
  4. Transition to retirement
  5. Tailored advice