Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
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.
Industry fund
UniSuper offers a public Personal Account alongside its university-sector products. The Defined Benefit Division is fundamentally different from an ordinary investment account.
The Personal Account is available to people living in Australia aged over 15. Employer-linked products and the Defined Benefit Division have their own entry rules.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | Choose an investment option | MySuper Offering |
|---|---|---|
| Return basis | Choose an option | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | Choose an option | 9.80% |
| 5-year return, per year | Choose an option | 6.89% |
| 7-year return, per year | Choose an option | 7.41% |
| 10-year return, per year | Choose an option | 8.11% |
| APRA strategic growth allocation | Choose an option | 76.73% |
| Reported total fees, net of tax, at $50,000 | Choose an option | $340 a year (0.68%) |
| Administration and advice costs, net of tax (included in total) | Choose an option | $80 a year |
| 2026 performance test | Choose an option | Pass |
| New-member status at reporting date | Check the current product eligibility rules | Check 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.
| What to compare | AMP Super | UniSuper |
|---|---|---|
| Membership and access | 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 | The Personal Account is available to people living in Australia aged over 15. Employer-linked products and the Defined Benefit Division have their own entry rules. Sources1 |
| Accounts and products | 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 | Public Personal Account and employer accumulation products; Defined Benefit Division must be assessed separately. Personal Account Accumulation 1 Accumulation 2 Defined Benefit Division Flexi Pension Sources14 |
| Investment choices | 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 | Balanced (MySuper) for Personal Account and eligible accumulation products; MySuper does not apply to the DBD or pension. Accumulation members, Personal Account members and Flexi Pension members can select from UniSuper's investment options. A Defined Benefit Division account has two components: a formula-based defined benefit, whose investments the member cannot choose, and an accumulation component that can use the normal menu. Sources247 |
| Insurance | 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 | The insurance position depends on the product. Ordinary insured cover and the inbuilt benefits associated with the Defined Benefit Division should be compared separately. Check the current product PDS and your member statement before making a transfer. Sources34 |
| Retirement income | 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 | Flexi Pension provides retirement-phase and transition-to-retirement accounts. The retirement-phase product requires an eligible condition of release and a minimum opening balance. Moving the entire UniSuper balance into a pension ends any insurance or DBD inbuilt benefits attached to the former account. Sources3 |
| Advice and support | 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 | UniSuper offers advice services covering super and retirement as well as broader financial matters. Advice fee deductions have rules, limits and consent requirements; an agreement to pay an adviser is not a universal feature that applies the same way to every product. Sources56 |
| Fee details to check | 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 | Compare Personal Account with other public accumulation products, using the cost of the chosen investment option. Employer products, the DBD and retirement-phase Flexi Pension can have different fees. Do not transplant one product's fee figure onto the whole UniSuper brand. Sources4 |
| Comparing investment performance | 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 | Investment returns describe accumulation investments. The defined-benefit component uses a formula, rather than crediting the chosen market return to an account. A DBD-versus-accumulation decision cannot be reduced to two ten-year investment returns. Keep UniSuper Personal Account and DBD comparisons separate. Do not display a DBD benefit as a guaranteed investment return or infer its value from accumulation performance. Sources27 |
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.
THE SUPERGURU VIEW
UniSuper belongs on a public-fund shortlist, but the product distinction is essential. For an ordinary Personal Account member, compare the investment menu, cost and service in the usual way. For a DBD member, the more consequential question is what rights, benefits and future entitlements a change would affect.
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 AMP Super profile · Read the full UniSuper 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.