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AMP launches online super simulator
AMP has launched a new website designed to allow superannuation customers to access a simulator that helps them calculate how much they will need to retire.
The simulator, accessible at http://www.amp.com.au/super, has been developed in response to research undertaken by AMP suggesting that consumers were finding other commonly available calculators too difficult to use.
According to AMP, using the “super simulator” involves answering five simple questions to see projected superannuation savings in three different investment market scenarios that are benchmarked against the accepted standard for an adequate retirement income.
The site will allow consumers to determine the benefits of salary sacrificing, making personal contributions and changing the investment mix on their ultimate superannuation balance.
AUTHOR
Mike Taylor
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