AMP has today announced that Western Australia's Water Corporation Superannuation Plan will transfer to AMP's SignatureSuper master trust.
The Water Corporation Superannuation Plan currently has more than 3,500 members and $450 million in funds under management.
AMP was selected after an extensive tender process to find a fund that was competitive on price, delivers a high-quality customer experience and can help members with their financial wellbeing.
AMP Group Executive Wealth Solutions and Customer, Paul Sainsbury welcomed the Water Corporation superannuation members to AMP SignatureSuper.
"We are delighted to help support the financial wellbeing of Water Corporation's employees. Customers will have access to a range of investment options, digital tools and educational resources to help them manage their super savings and achieve their retirement goals,” he said.
The selection follows independent superannuation and actuarial consultancy, Heron naming AMP SignatureSuper as the top-rated corporate product in Australia and AMP SignatureSuper as the top-rated pension product.
AMP is a market leader in retail corporate superannuation with more than $28 billion in assets under management and a provider of superannuation services to more than 60,000 employers.