Personal Super Fund profiles

AMP Flexible Super
	Principal Contact: Chris Jansen Head of Superannuation Product, Wealth Management Products Telephone: Facsimile: 131 267 1300 301 267 Address: Customer Service AMP Life Ltd GPO Box 300 Paramatta NSW 2124 Website: Email: www.amp.com.au askamp@amp.com.au
Overview:	AMP Flexible Super is AMP's new all-in-one super and pension offering to the personal and employer market. AMP Flexible Super offers 3 Investment levels providing access a range of investment options (2 options, 7 options or 65+ options) and product features, so customers only pay for what they use. Low cost investment options are available. AMP Flexible Super has 2 personal insurance offers, Essential Protection (basic insurance) or Flexible Protection (Comprehensive insurance) to cater for different insurance needs. Provided the member is in the Choice Investment level, management fee rebates are available based on personal or employer plan size (using the combined balance of the Super and Retirement account).  Members receive a consolidated member statement for their Super and Retirement account, and pay one member fee for both accounts. Online access available through My portfolio to switch investments, view account balances and other information and to elect to receive communications electronically.
Year of Establishment:	2010
Value of Funds:	$500 million
Key Features:	3 Investment levels available -  - Core investment level - 2 options (Super Easy Cash & Super Easy Balanced) - Select investment level - 7 options (Core investment level options + 5 more investment options) - Choice investment level - 70+ options (Select investment level options + 60 more investment options). You can choose up to 15 investment options from a selection of over 70 managed by leading Australian and itnernational investment managers.  Depending on Investment level selection, different product features such as auto-rebalancing, fee & rebate deduction profile, LifeStages investment options available.   you, your employer and your spouse can make regular contributions or invest a lump sum as often as you like (subject to contribution limits and your personal eligibility) Low cost investment options available - such as Super Easy Balanced at 0.65% pa  Management fee rebate - In the Choice Investment level you can potentially save up to 0.85 % a year on management costs. Flexible bonus - you and one family member can 'link' your AMP Flexible Super accounts and that with other eligible AMP accounts to help you save even more on management costs. Family membership - you can link to an AMP Flexible Super employer sponsored member and you can receive a management fee rebate based on employer plan size. One member fee  for a Super & Retirement account No inbuilt adviser commission in the product Easy switching  - you can switch between investment options at any time (including online). Optional personal insurance benefits - you can choose to apply for: - Essential Protection (basic insurance of Death &/or TPD up to $250k) by completing 11 quick simple qustions, or - Flexible Protection (Comprehensive insurance of Death &/pr TPD &/or TSC) to cater for different insurance needs. Online access and regular reporting - keep track of your account anytime online using the convenient My Portfolio facility, including electing to receive communications electronically. Pension refresh facility  - you can easily transfer money from your Super account to your Retirement account.
Administrator:	AMP
Auditor:	Ernst and Young
Custodian:	BNP Paribas
Asset Consultant:	AMPCI / Mercer
Lawyer:	AMP

INVESTMENT OPTIONS
Super Easy Cash	To achieve acompetitive cash based returns before fees and taxes by investing in a wholesale deposit with an Australian bank (currently AMP Bank). This is a crediting rate investment option.
Super Easy Cautious	To provide returns primarily from income as well as some capital growth over the short to medium term, by investing mainly in defensive assets with some exposure to diversified range of growth assets. Exposure to individual asset classes will be attained through the use of indexed fund managers. The investment option seek to provide an index focussed solution.
Super Easy Moderately Conservative	To provide moderate returns from a balanced of income and capital growth over the medium to long term, by investing in a diversified mix of growth and defensive assets. Exposure to individual asset classes will be attained through the use of index focussed fund managers.
Super Easy Conservative	To provide returns primarily from income as well as some capital growth over the short to medium term, by investing mainly in defensive asset classes with some exposure to growth assets. Exposure to individual asset classes will be attained through the use of indexed focussed fund managers.
Super Easy Balanced	To provide moderate to higher returns primarily from capital growth with some income over the long term by investing across all asset types, with higher exposure to growth assets. Exposure to individual asset classes with be attained through the use of index focussed managers.
Super Easy Growth	To provide moderate to high returns predominately from capital growth by investing across all asset types, but with a substantially higher exposure to growth assets. Exposure to individual asset classes will be attained through the use of index focussed fund managers.
Super Easy High Growth	To provide high returns from capital growth over the long term by investing in growth assets. Exposure to individual asset classes will be attained through the use of index focussed fund managers.

Investment Performance  Performance to 30 June 2010 1 year  5 years Since Inc.  Super Easy Cash 2.9% n/a n/a Super Easy Cautious n/a% n/a n/a Super Easy Moderately Cautious n/a% n/a n/a Super Easy Conservative n/a% n/a n/a Super Easy Balanced 10.6% n/a 11.4% Super Easy Growth n/a% n/a n/a Super Easy High Growth n/a% n/a  n/a

Insurance Available:	a) Essential Protection: Up to $250k Death and/or TPD cover available by answering 11 quick simple questions. b) Flexible Protection: Extra Death Benefit (including Terminal Illness Benefit and Guaranteed Future Insurability), TPD Benefit, Temporary Salary Continuance Benefit, Business Safeguard. Waiver Benefit, Interm Accident Cover
Extra Benefits:	Account based pension available, Financial and Retirement Planning, Client seminars, 24/7 My portfolio online account access, interactive online seminars, Non-super Savings option
Communications:	Annual member and employer reporting; Newsletters; Client seminars; online access to investment reports, interactive seminars and simulators.
Employer Services:	eSuper available for on-line transcting facility with a clearing house. Various employer insurance options available from basic automatic cover to comprehensive insurance. Family membership available so family members can obtained management fee rebates based on employer plan size.

FEES
Contribution Fee	N/A
Management Cost - Member Fee	Depends on investment level and options selected: - Core Investment level: $1.50pw member fee - Select Investment level: $2.00pw member fee - Choice Investment level: $2.50pw member fee
Management Cost - Management Fee (% pa)	Depends on investment level and options selected: - Core Investment level: 0.50% to 0.65% management fee (depending on investment option selection). - Select Investment level: 0.50% to 0.70% management fee (depending on investment option selection). - Choice of Investment level: 0.50% to 2.85% management fee (depending on investment option selection).
Additional Adviser Servicing Fee	Negotiated with Planner
Fee Discounts	Management Fee Rebate (reduces the Management Fee). Member must be in the Choice investment level to be eligible for a rebate. The rebate table below applies to personal accounts or employer plans (including family members in AMP Flexible Super. Balances of:  Account balance tier Super Easy named investment options Premium investment options under $100,000 Nil Nil $100,000 to $199,999 Nil 0.30% $200,000 to $499,999 Nil 0.40% $500,000 to $999,999 Nil 0.55% $1,000,000 to $2,999,999 0.10% 0.70% $3,000,000 or more 0.20% 0.85%

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