QSuper Lifetime Pension wins Best Longevity product
07 June 2022
5
min read
After successfully completing the largest merger in Australian superannuation history to become Australian Retirement Trust, we have been named the winner in three categories at the Chant West superannuation awards.
The awards mean that as an Australian Retirement Trust member, you’re winning.
Australian Retirement Trust is the super fund formed through the merger of QSuper and Sunsuper. We’re one of Australia’s largest super funds and proud to take care of over $200 billion in retirement savings for more than two million members.
The Chant West awards presented on 25 May 2022 showcase best practice in the super industry. With this year’s theme of “raising the bar”, Chant West was looking for funds that keep raising the bar to drive better outcomes for their members.1
QSuper Lifetime Pension awarded
The Best Fund: Longevity Product award was presented to Australian Retirement Trust – QSuper for the QSuper Lifetime Pension product, which focuses on investing in retirement, rather than investing for retirement, and is open to all Australian Retirement Trust members.
This is the first win in this category for the product since it was launched in early 2021.
QSuper Lifetime Pension won the Chant West Best Fund: Innovation award in 2021.
QSuper Lifetime Pension allows you to receive an income for the rest of your life, and the life of your spouse (if you’ve chosen the spouse protection option), no matter how long you live.
The Best Fund: Longevity Product acknowledges funds that have developed new and innovative products for retirees that truly cater for retirees’ needs.
Best Fund: Member Services
The Best Fund: Member Services award recognises the super fund that is best at engaging their members and leading them towards greater involvement with their super.
Sunsuper, QSuper, and now Australian Retirement Trust – Super Savings, have won the award eight out the past 10 years.
Corporate Solutions Fund of the Year
Corporate Solutions Fund of the Year is presented to the fund that best caters to members working for medium-sized and larger employers who have their super with a corporate plan.
The award acknowledges the super fund operating in this segment of the industry that is working the hardest in the best interests of their corporate plan members, including by harnessing economies of scale.
Sunsuper, and now Australian Retirement Trust – Super Savings, has won this award for the past seven years in a row.
A win for members
Australian Retirement Trust’s Chief Executive Officer Bernard Reilly, said the awards were an honour, especially following the fund’s recent merger, and reflected the ongoing focus on the best interests of members.
As a profit-for-members fund, Australian Retirement Trust maintains an unwavering commitment to our more than two million members and more than 170,000 employers, and these awards are a testament to this and the work our team do every day to support them,” said Mr Reilly.
Australian Retirement Trust was also named a finalist in the following categories:
- Super Fund of the Year
- Pension Fund of the Year
- Best Fund: Investments
- Best Fund: Integrity, and
- Best Fund: Advice Services.
How it works
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1. Chant West, Fund Awards: Winners have been announced, accessed 26 May 2022 at chantwest.com.au