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 two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.