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.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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