Sunsuper named Super Fund of the Year
Sunsuper has taken out the Super Review/Heron Partnership Superannuation Fund of the Year Award at a gala in Melbourne overnight.
In a closely-run race with AustralianSuper, the Queensland-based fund was named the winner based on its rapid rate of growth and enhancements it had made to its product offering over the past two years.
The Heron Partnership attributed the win to Sunsuper having “delivered an excellent total package”.
Money Management’s sister publication, Super Review, named the long-time head of Insight Investment, Margaret Waller, as its first-ever female recipient of the Lifetime Achievement Award for her contribution to funds management, particularly institutional funds management, over 30 years.
Waller is regarded as the driving force and founder of the UK-based investment management partnership, Pareto Partners which became Insight Investment.
NSW-based fund, First State Super was named Best Public Sector Fund, while AIA Australia was named best insurer with universities-based fund, Unisuper being named as the best industry fund.
Australia’s largest industry fund, AustralianSuper received the award for best pension product recognising its Australian Super Choice Income offering – the second successive year it had won the laurels in the category.
In the Best Corporate Solution category, Sunsuper was named the winner for its Sunsuper for Life Corporate product, with the Best Commercial Product category being taken out by Asgard Infinity eWrap Super.
The best MySuper product was awarded to AustralianSuper.
Recommended for you
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
