Retail funds dominate on investment and insurance options

19 August 2014
| By Mike |
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A mix of both retail, industry and corporate superannuation products have been assessed as worthy of the top Five Quality Star rating by independent superannuation and actuarial firm, the Heron Partnership, but retail funds have dominated those as offering best investment features.

The ratings, released to Super Review, have revealed the top ten funds "personal" funds for investment options as being:

  • Asgard Elements Super
  • Asgard eWrap Super
  • Asgard Infinity eWrap Super
  • IOOF Employer Super — Personal Division
  • IOOF Portfolio Services Personal Superannuation
  • MLC Navigator Retirement Plan
  • MLC Navigator Retirement Plan Series 2
  • MLC Wrap Super — Super Revice
  • MLC Wrap Super — Super Service Series 2
  • Macquarie Super Accumulator

The top ten "corporate" funds were listed as being:

  • Asgard Employee Super
  • AMP CustomerSuper
  • AMP Flexibile Super — Wemployer
  • AMP SignatureSuper
  • AMP SignatureSuper Select
  • IOOF Employers Super
  • Mercer SmartSuper — Employer Section
  • Mercer Super Trust
  • MLC MasterKey Business Super
  • Russell Super Solutyion Master Trust — Employer Division

The Heron assessment generated more of a mix of retail and industry fund offernigs when it came to the Top 10 Insurance Features

Under the "personal" category it listed:

  • Asgard Elements Super
  • Asgard eWrap Super
  • Asgard Infinity eWrap Super
  • ANZ Smart Choice Super and Pension
  • Hostplus
  • Nationwide Superannuation Fund
  • NGS Super
  • Perpetual MySuper
  • Perpetual Selection Superannuation Plan
  • Sunsuper for Life

Under the "corporate" category it listed:

  • ANZ Smart Choice Super (Employer Sponsored)
  • AON Master Trust — Corporate Super Essentials
  • Asgard Employee Super
  • BT Business Super
  • BT Lifetime Super — Employer Plan
  • IOOF Employer Super
  • MLC MasterKey Business Super
  • Onepath Corporate Super
  • Plum Superannuation
  • Sunsuper Corporate.
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