CANSTAR gives LGS five star rating

2 October 2014
| By Malavika Santhebennur |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 2 months ago
Kevin Gorman

Super director remuneration ...

1 year 2 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 2 months ago

The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts....

2 days 21 hours ago

The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice....

3 days 19 hours ago

Where the RBA goes next is anyone’s guess, with economists and market pundits offering wildly different takes on the governor’s tone during the press conference and wheth...

3 days 20 hours ago

TOP PERFORMING FUNDS