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AMP beefs up corporate super offering

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AMP has developed a corporate superannuation product for medium-sized companies with between 50 and 750 employees.

AMP SignatureSuper Select will offer over 30 investment options and provide access to AMP’s MySuper life cycle solution. 

AMP director of corporate superannuation Libby Roy said the solution includes “flexible features, including an option for employers to pay employees insurance premiums and a diversified range of investment options”. 

Ms Roy said customers will also have access to AMP’s MyPortfolio, allowing them to manage their account information online. 

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This solution complements other products in the existing AMP superannuation range, including SignatureSuper, which was designed for large and mega-sized companies.  

Ms Roy said AMP understands the “importance of the middle market as a growth engine for the Australian economy”. 

“It’s important these businesses get superannuation right for their employees, and we recognise that can sometimes be onerous to manage,” she said.