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
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.