The overall quality of Australian superannuation funds and products is continuing to improve, according to the latest Heron Partnership Quality Star Ratings, with 89 funds representing all sectors of the industry earning the firm’s maximum five quality star rating.
The ratings, released to Super Review this week, saw funds as diverse as AMP Flexible Super, AustralianSuper Public Sector, IOOF Personal Super, EISS Super, HESTA, Sunsuper for Life and Telstra Super make it to the five quality star list.
Commenting on the results, Heron Partnership managing director, Chris Butler said the firm had been impressed by the continuing improvement in the overall quality of superannuation funs and products in Australia.
The company also looked at MySuper products and assigned 32 of them the top five quality star rating.
The super fund’s CEO has confirmed he will finish his role in 2026.
New data shows millions of Australians have little idea how their super funds have performed over the past year.
Small-business advocates have warned the government’s Payday Super timeline risks chaos without more time, cost support, and fair penalties.
Insignia Financial’s Master Trust portfolio has expanded despite net outflows, as positive markets and new product initiatives drive growth.