AMP to relaunch SMSF property lending solution

AMP Bank is bringing back its residential self-managed superannuation fund (SMSF) property lending solution, SuperEdge, after removing it nearly a decade ago.

- Matthew Wai

AMP made the decision to remove the solution in 2018, as the SMSF lending sector was shifting from traditional banks to non-bank lenders.

SuperEdge, once relaunched, will provide SMSF trustees, particularly pre-retirees, who want to invest with “greater control and confidence”, while maintaining liquidity they need for retirement.

It features a “transparent, well-governed” lending option delivered through brokers, which is supported by a strong credit and compliance framework, AMP said.