AMP returns to SMSF investment lending

by Julia Corderoy11 Dec 2015
Non-major lender, AMP has announced it will now accept investment loans through self-managed super funds (SMSFs) following a temporary withdrawal from the market.

In a statement released today, AMP said it will now accept investor property loan applications to SMSFs effective 14 December.

The non-major said its return to SMSF lending fulfils its commitment to return to the market in 2015 and follows its recommencement of non-SMSF investor property lending on 16 November 2015.


  • by Paul Brown, Nth Adelaide 11/12/2015 11:48:09 AM

    In my opinion all banks should be as clear about whether they are in or out of the market as AMP have. Rather than changing policies midstream and making it all so difficult and inflexible that it just ends up wastng everybody's time.
    If every bank had pulled out of investor loans at the same time, APRA will have accomplished what they wanted but the govt would have had to step in and release the shackles to save the sector.