Big retail industry fund, REST, has been named Super Review's inaugural Super Fund of the Year.
Not for profit super fund sector and former Australian Council of Trade Unions official, Garry Weaven, received the Lifetime Achievement Award.
The underlying research for all but two of the awards was conducted by the Heron Partnership.
The awards were presented at a gala event in Melbourne last night.
The results of the awards were:
AMP SignatureSuper
Asgard Employee Super
AustralianSuper
CareSuper
First State Super
MLC MasterKey Business Super
Plum Superannuation Fund
REST
Sunsuper
AAS/Link
Mercer
Pillar
AIA
CommInsure
Hannover
Metlife
MLC
TAL
Australian Ethical
Christian Super
Cbus
HESTA
HostPlus
LegtalSuper
MLC MasterKey
NGS Super
Plum Superannuation
AustralianSuper
CareSuper
First State Super
MLC Navigator Retirement Plan
REST Super
Super SA Triple S
Telstra Super Personal Plus
UniSuper
AMIST
AustralianSuper
Club Plus
EISS Super
First State Super
REST
AMP SignatureSuper
Asgard Employee Super
BT Lifetime Super - Employer Plan
Colonial First State FirstChoice Employer Super
MLC MasterKey Business Super
Plum Superannuation Fund
AustralianSuper
CareSuper
Equip
HOSTPLUS
LegalSuper
REST
Sunsuper
First State Super
GESB Super
Local Government Super Accumulation Scheme
Qsuper
AMP Signature Super Allocated Pension
Asgard Infinity eWRAP Pension
BT SuperWrap Pension Plan
IOOF Pursuit Select Allocated Pension
MLC Navigator Retirement Plan Series 2
MLC Wrap Super - Pension Service
A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in both public and private markets.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.