Sean O’Malley, AMP Bank’s group executive, said the bank’s return to SMSF lending is about providing greater choice at a time when retirement planning is becoming more complex.
He said as the SMSF sector continues to grow, with more than $1 trillion in assets under management and over 1.2 million members, many trustees, particularly pre-retirees, want to invest with greater control and confidence, while maintaining the flexibility and liquidity they need as retirement approaches.
O’Malley said SuperEdge will meet that need, providing a transparent, well-governed lending option delivered through brokers and directly through AMP Bank’s home lending specialists, and supported by a strong credit and compliance framework.
It also includes practical features that reflect how SMSF trustees manage cash flow and risk – including flexible repayment options and an optional SMSF offset facility – alongside a broker-first digital experience designed to reduce rework and speed up decisions.
“Australians approaching retirement are balancing two competing pressures – enjoying life today, while making sure they’ll have enough for tomorrow. That tension is driving demand for solutions that offer more control, flexibility and confidence,” he said.
“SMSF trustees want to retire on their terms – but without the right structure and support, those decisions can become harder. SuperEdge is designed to provide trustees with a competitive, transparent and responsible lending option as they build long-term wealth.
“As a challenger bank, we’re thinking differently about lending – using clearer policy settings and smarter digital checks to deliver a better experience, while staying focused on long-term customer outcomes.”
Michael Christofides, AMP director of lending and everyday banking, said SuperEdge is built around the realities of SMSF lending – for both brokers and trustees.
“SuperEdge combines practical features, like flexible repayments and an optional offset, with a digital broker experience that helps reduce friction and improve turnaround times,” he said.
“We’ve built in automated SMSF structure checks and document validation to help cut rework – while maintaining strong responsible lending settings.”
SuperEdge is currently in a pilot testing phase, with broader market availability targeted for Q1 2026.
The product will include flexible repayments with principal and Interest or interest-only (up to five years) supported by a documented transition plan, as well as an optional offset facility that supports SMSF cash flow management while maintaining asset separation.
Additionally, it will lodge and track applications in one place, with automated SMSF structure checks, LRBA prompts and document validation to reduce rework and speed up decisions.
SuperEdge will be available to corporate trustee structure only with a maximum LVR of 80 per cent, and minimum SMSF net assets of $300,000. It will also include a liquidity test requiring ≥10 per cent liquid assets post-settlement and have property location restrictions that incorporate Zones 1 and 2 (residential only; no off-the-plan, construction, rural or commercial securities, and no owner-occupied use).
