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AMP brings term deposits to workplace super

08/12/2011

AMP said the popularity of term deposits in its personal super products had led it to introduce term deposits for its corporate super products, CustomSuper and a number of SignatureSuper plans.

It has also introduced monthly interest-paying term deposits for one, two, three and five-year terms for selected retail and corporate super products where term deposits are currently available. "With the share market volatility that investors have seen over recent times, there has been increased demand for more conservative investments options," Jansen said. He said AMP was offering four specialist funds to its retail and corporate super clients: AMP Capital Multi-Asset, Ipac Income Generator, AHL Alpha and Lazard Global Small Cap.

Source: Investor Daily



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