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SuperRatings' Pension of the Year three years in a row4
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QSuper has been named 2021 SuperRatings and Lonsec Fund of the Year, the third time in six years the fund has been recognised for offering the best value proposition to its members.
Each year, SuperRatings and Lonsec acknowledge the achievements of individual Australian super funds across a range of categories.
As well as being named Fund of the Year, QSuper has also been awarded Pension of the Year for the third year running and won the Smooth Ride award for the second year in a row at the virtual event on 29 October at the Museum of Contemporary Art in Sydney.
“In a highly competitive field, we decided that QSuper was the fund that performed most strongly across the key criteria of investment performance, fees, member services, financial advice and insurance, and fund governance,” SuperRatings executive director Kirby Rappell said.
The awards cap off a strong year for QSuper on behalf of our employers and members.
QSuper Chief of Member Experience, Jason Murray, said the awards recognised QSuper’s unrelenting commitment to delivering for members through the good times and the tough ones.
In a year of unexpected challenges for many Australians and businesses, the awards were also a reminder of the confidence you can have in QSuper’s core purpose: we operate solely to provide members with financial security in retirement.
Mr Murray said the awards were an honour and recognition of QSuper’s unrelenting commitment to deliver for members.
“This year’s recognition is even more humbling. It’s an acknowledgement that, despite the unexpected challenges of 2020, our strong performance, low fees and unique investment strategy have delivered for our members in a year like no other,” Mr Murray said.
“Being a profit-for-members fund, our members are at the heart of everything we do. Many of our members are frontline workers.
The Pension of the Year award recognises QSuper’s Retirement Income account as the best value for money in Australia for the third year running.
“We’re proud of the pension product we’ve developed, its low fees, great value and the increased flexibility it provides, and we’re proud to have our unique investment strategy acknowledged during these difficult times,” Mr Murray said.
“The Pension award has particular importance to us because it’s at retirement that proof of our investment strategies and member focus is most evident. It’s at that point when our members rely on us more than ever before,” he said.
The Smooth Ride award was recognition that QSuper’s unique investment strategy continues to deliver on its objective of helping members achieve strong long-term returns with less volatility.
This approach has held up strongly through the COVID-19 pandemic and given employers and members confidence for today and the future.
QSuper was also a finalist in the MySuper of the Year, MyChoice of the Year and the Net Benefit award categories.
Learn more about awards won by QSuper here.
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