Your AMP statement checklist

Your AMP statement checklist: Key things to review

To help you get the most out of your annual statement, here's a simple checklist of important areas to consider:

1. Is your contact information up to date?

Ensuring your details are correct means we can keep you informed and provide you with timely updates. The quickest way to update your address, phone number, and email is by logging into your secure MyAMP account. Login to MyAMP now

2. Is your Prescribed Investor Rate (PIR) correct?

Your PIR determines the tax rate applied to your investment earnings. If it’s too low, you could end up with additional tax to pay to Inland Revenue. If it’s too high, you may be entitled to claim overpaid tax back from the Inland Revenue. Take a moment to check out our guide on how to get on to the right tax rate.

3. Are you in the fund that best suits you now?

The right fund for you is likely to change over time as your circumstances and financial goals evolve. Our online fund quiz is a helpful tool to explore different options and see which fund might be the right fit for your current situation. Start the quiz

4. Have you checked your contribution levels?

The amount you contribute today can significantly impact your future savings. We've made it easier for AMP KiwiSaver Scheme, AMP Managed Funds, and eligible* NZRT members to manage their contributions directly through the MyAMP web portal.

AMP KiwiSaver Scheme members: Employee contributions

AMP KiwiSaver Scheme, AMP Managed Funds or NZRT members: One-off/regular payments

Any recent changes made to your investment or contact details may not yet be reflected in your latest statement.

* If your NZRT plan is eligible  for online top-ups, you'll see a convenient "Top-up" button within the MyAMP web portal.

Accessing your annual statement is easy

Simply click on the relevant button below to be directed to your most recent statement after logging into MyAMP.

FAQs

What is an annual statement?

Your annual statement is a report that summarises your investment activity for the past year. It provides a snapshot of your account details, performance, and transaction details. If you want to see more detailed information on your transactions including a breakdown of your closing balance, please log into MyAMP. 

Why do I receive an annual statement?

We have a regulatory obligation to provide you with an annual statement that details your investment activity. It helps you stay informed about the performance of your investments and ensure everything aligns with your investment goals. 

How can I read and understand my statement?

Your statement will typically include sections on:

• Account Information: This details your account type and current value.
• Performance Summary: This summarises the overall performance of your investments over the past year.
• Transaction Details: This is a summary of the transactions (contributions, fees, etc.) that took place in your account over the year.

If you have questions about specific details in your statement, don't hesitate to contact us or your adviser for clarification.

What to do after receiving your annual statement

Receiving your annual statement is a perfect opportunity to:

• Evaluate your investment performance: See how your investments stack up against your initial investment goals.
• Assess your risk tolerance: Has your risk tolerance changed? This is a good time to review.
• Schedule a consultation with your adviser: Discuss your statement, any concerns, and potential adjustments to your investment strategy based on your current situation and financial objectives.

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