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Aviva gets top Heron rating
Industry funds have found themselves left out of the list of top-ranked superannuation funds in the latest Heron Quality ratings.
The ratings, released this month, reveal the Aviva — Navigator Personal Retirement Plan as the top-rated offering in the personal products category, with ING Corporate Super leading with respect to corporate products, AMP SignatureSuper topping the list of pension products and AUSfund once again being named the best regarded eligible rollover fund (ERF).
Commenting on the findings, Heron Partnership managing director Chris Butler said it was the first occasion on which Aviva’s Navigator Personal Retirement Plan had been crowed as the top-rated personal product, while ING Corporate Super had been named the top-rated corporate product on eight occasions.
The Heron process found 54 products in the personal/retail category warranted its top five-star rating denoting 'outstanding quality', while 25 corporate products gained a five-star rating along with 41 pension products.
By comparison, just three ERFs earned the five-star rating: AUSfund, ISPF ERF and SuperTrace.
While industry funds failed to be ranked as top-rated products, they were well-represented in the five-star categories, representing 19 of the 54 products.
AUTHOR
Mike Taylor
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