Retirement
AMP top choice for AFL Players Association
The AFL Players Association has renewed its 20-year partnership with AMP, making it the default superannuation for its players.
AMP top choice for AFL Players Association
The AFL Players Association has renewed its 20-year partnership with AMP, making it the default superannuation for its players.
The call to stay with AMP by the Players Association follows an AFL review into superannuation that saw the AFL (not to be confused with the AFL Players Association) change its default fund to Hostplus superannuation.
AFLPA CEO Paul Marsh said the review process highlighted that AMP’s offering remains best placed to service the unique needs of current and past AFL players.
“After an extensive independent review process, the AFLPA board made the decision to continue with the AFL Players Association’s longstanding partnership with AMP,” he said.
“Through the review, it was clear that AMP’s super fund was the preferred option to support the unique requirements of AFL players.”
In return, the AFL’s 3,500 past and present players will continue to have their superannuation looked after by AMP as well as provide education services for members.
AMP Australia chief executive Alex Wade said he was delighted to be continuing AMP’s long-term partnership with the AFL Players Association.
“This new agreement is strong recognition of the quality, competitiveness and security of AMP’s workplace superannuation offer.
“The quality and flexibility of AMP’s insurance offer, competitive investment management fees and insurance premiums, investment performance, diversified MySuper portfolios, and AMP’s comprehensive Financial Wellness and education programs were all identified by the AFLPA as reasons for their decision.
“AFL football is an important part of so many people’s lives, and we’re committed to helping players manage their unique career and income profiles and build sustainable long-term wealth,” said Mr Wade.
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