The country’s best super and pension funds will be recognised at Chant West’s seventh annual Super Fund Awards on 22 May 2019.
The Awards will recognise excellence across 12 award categories, including Super Fund of the Year and Pension Fund of the Year, and showcase industry best practice to help lift standards across the super industry and improve member outcomes.
The theme this year is: ‘It’s all about the members!’ recognising what super and pension funds are doing for their members to help them get the most from their super.
Chant West’s Head of Research Ian Fryer said: “All eyes have been on the superannuation industry in recent times, with both the Productivity Commission and Royal Commission highlighting areas of weakness in our industry. And in particular, some funds have been shown to have failed their members.
“These inquiries have put super fund members and their interests front and centre, which is exactly where they should be. Superannuation is all about them!
“While we will recognise the best funds in our Awards this year, the purpose of our Awards goes beyond that. By recognising what makes the best super funds stand out from the crowd, we aim to help all funds improve retirement outcomes for their members because other funds adopt great ideas from what they learn on the night,” Mr Fryer said.
Chant West today announced finalists in 10 of its 12 awards categories: Super Fund of the Year, Pension Fund of the Year, Specialist Fund of the Year, Corporate Solutions Fund of the Year, Advised Product of the Year, Best Fund: Investments, Best Fund: Member Services, Best Fund: Insurance, Best Fund: Longevity Product and Best Fund: Advice Services. Finalists in the other two categories, Best Fund: Innovation and, Best Fund: Integrity will be announced in April. The list of finalists is at the end of this media release.
The finalists for Super Fund of the Year 2019 in alphabetical order are:
- First State Super
The finalists for Pension Fund of the Year 2019 in alphabetical order are:
- AMP MyNorth Pension
- Colonial First State FirstChoice Wholesale Pension
- First State Super
Among other highlights of the finalists this year are:
- Catholic Super, Guild Super and Statewide Super are finalists for the first time
- AustralianSuper, Mercer, QSuper, Sunsuper and UniSuper (including their products) are all finalists in at least five categories.
The winners of the 2019 Chant West Super Fund Awards will be announced at a black tie gala event at Ivy Ballroom, Sydney, on Wednesday 22 May 2019. We are proud to have the support of AIA Australia as major sponsor and Morningstar as minor sponsor for the Awards this year. Dr Martin Fahy, Chief Executive Officer of the Association of Superannuation Funds of Australia (ASFA), will be MC for the event.
More information about the Awards event is available at www.chantwestawards.com.au.
About the Chant West Super Fund Awards
The main criteria Chant West uses for rating funds are shown in the table below. As in previous years, the winner of our premier awards, Super Fund of the Year and Pension Fund of the Year, will have to show strength across the board, but especially in the key areas of Investments and Member Services, which carry the highest weighting in the scoring process.