Local Government Super's (LGS) Accumulation Scheme has kept its five star rating from CANSTAR.
The scheme was one of 11 super funds to get a five-star rating, and one of three to get a five-star rating for all life stages, from starting out to nearing retirement.
The scheme got the rating for the number of investment options on offer, access to voluntary insurance to limited and comprehensive financial planning services, and easy member account access.
CANSTAR looked at the accumulation stage of 74 super funds on offer for personal super investment, and considered the annual cost of the fund and fund features such as ease of member account access, number of investment options offered, and access to voluntary insurance, financial advice and strategy services within the fund.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
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