UniSuper won the award at a gala event in Melbourne last night, sponsored by BNP Paribas Securities Services, meaning UniSuper chief executive, Kevin O'Sullivan, was presented with an exclusive pass to the BNP Paribas 2016 Global Leaders Forum in the United Kingdom.
UniSuper emerged as winner from a strong list of finalists which included AMP Signature Super, AustralianSuper, Caresuper, Equip, Plum, REST, and Sunsuper.
The underlying research and award assessment are carried out by The Heron Partnership.
The Super Review Lifetime Achievement Award was presented to Association of Superannuation Funds of Australia (ASFA) director of research, Ross Clare for his 20 years of research, analysis, and insights into the superannuation sector.
Other awards presented on the night were:
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.