Local Government Super's Account-Based Pension Plan has been awarded a five-star rating from CANSTAR.
This is the second year since 2013 the product has been award the five-star rating since 2013 for outstanding value.
"Demand for account-based pension products has been growing due to the fact that they can provide a tax-effective income stream, especially in the current low interest rate environment." LGS chief executive, Peter Lambert, said.
The LGS product was recognised for its overall pricing, range of investment options, member education, member benefits, and death benefit/ beneficiary options available.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.