UniSuper has been named Super Fund of the Year 2021 at Super Review’s Super Fund of the Year Awards, with its research partner, The Heron Partnership.
The coveted win was based on a holistic assessment of the finalists in each award category and UniSuper was deemed to be the most outstanding fund this year.
Heron’s chief executive, Chris Butler, said the finalists were found through a quantitative assessment.
Then, each finalist was assessed on their greatest achievements, and most significant innovations over the past 12 months, their competitive advantage, the research they undertook to access the needs of their members, their health and wellbeing programs, and how they added value to members in retirement.
Commenting on the win, UniSuper chief executive, Kevin O’Sullivan, said: “I know the team will continue to achieve great success, through delivering great investment performance, low fees, excellent service for everyone who joins us”.
The full list of winners and finalists were announced through a video which can be viewed here.
The winners:
Best Industry Fund
UniSuper
Best Insurer
MetLife
Best Pension Product Finalists
QSuper Income Account and Lifetime Pension
Best Corporate Solution
Sunsuper For Life Corporate
Best Commercial Product – Personal
BT Panorama Super
Best MySuper
UniSuper
Super Fund of the Year 2021
UniSuper
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.