POWERED BY MOMENTUM MEDIA
Sunsuper and AMP top Heron ratings
Sunsuper for Life, AMP SignatureSuper, and AMP SignatureSuper Allocated Pension have been awarded the highest numeric product ratings in the latest Heron Partnership Quality Star ratings.
The independent superannuation and actuarial consultancy named AMP SignatureSuper as the top rated corporate product, with Sunsuper for Life named as the top-rated personal product, and AMP SignatureSuper Allocated Pension named as the top-rated pension product.
Commenting on the latest findings, Heron Partnership managing director, Chris Butler said the products had achieved the highest numeric rating for their respective product category in the firm's 2017 assessment and therefore received the Top Rated Product awards.
He said that although AMP SignatureSuper has been designated as a ‘5 Star' product since the Heron Partnership commenced public ratings in 2006 it was the first occasion that it had received the Top Rated Corporate Product award.
He noted that Sunsuper for Life had received the personal product award for the 2016/17 financial year ratings and AMP SignatureSuper Allocated Pension had received the highest score for pension products previously and consecutively since the 2015/16 ratings.
Recommended for you
In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super taxes without a comprehensive tax review.
The Grattan Institute has labelled the Australian super system as “too complicated” and has proposed a three-pronged reform strategy to simplify superannuation in retirement.
Super funds delivered a strong 2024 result, with the median growth fund returning 11.4 per cent, driven by strong international sharemarket performance, new data has shown.
Australian Ethical has seen FUM growth of 27 per cent in the financial year to date.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.72 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
