Ratings and Awards

Our Ratings

Our ratings are designed to reflect the value for money each superannuation fund offers to end investors. The best funds in our view provide the greatest potential to maximise retirement savings in a well serviced, secure environment.

SuperRatings undertakes a comprehensive analysis of 113 MySuper offerings covering in excess of $475 billion in superannuation savings on behalf of 12 million member accounts.

SuperRatings undertakes a comprehensive analysis of 327 superannuation choice products covering in excess of $920 billion in superannuation savings on behalf of 19 million member accounts.

SuperRatings undertakes a comprehensive analysis of 182 pension fund products covering in excess of $248 billion in retirement savings on behalf of 940,000 members.

Our Generations Awards recognise Australian Superannuation funds that are taking action, through internal behaviours and responsible investment practices, to resolve the challenges faced by current and future generations.

Investment Options Ratings

More and more funds are choosing to be transparent and give financial advisers the information they need to confidently recommend their product.

By ensuring your investment option is covered by Lonsec’s research, you enable advisers to fully understand your investment process, match your product to their clients’ needs, and fulfil their best interest duty.

Partner with Australia’s leading research house

Lonsec is one of Australia’s top research houses rating over 1,250 investment products. Our rigorous qualitative process is why we have been voted Research House of the Year by financial advisers for three years running.

Access Lonsec’s financial adviser channel

Lonsec’s ratings and research are distributed to over 4,000 financial advisers via our research platform iRate®, helping you increase your product’s penetration and retain members by giving advisers the tools they need to make informed investment decisions.

Work with people who truly understand your product

Lonsec’s seasoned research professionals are able to have deeper conversations with funds and go beyond the numbers to ensure your investment process is properly understood by advisers and their clients.

Ask about our ratings

Contact our team of business development managers to find out more about our ratings.

Our Awards

SuperRatings’ awards recognise the very best of the best within Australia’s superannuation industry. We examine each fund’s value proposition, from investment performance to fees to member servicing, to determine which funds are truly delivering for their members.

Along with the coveted Fund of the Year Award, SuperRatings also recognises those funds that are contributing to the success of the superannuation system through innovationsocial responsibility, and a focus on the needs of particular sectors.

Recognising Excellence

Since the inception of superannuation in Australia, the industry has continued to innovate, unlock new sources of value, and work to improve retirement outcomes for members. We believe it is important to recognise those funds that are taking a leading role in creating a better superannuation system for everyone.

Each year, SuperRatings recognises the achievements of individual super funds across a range of categories, with the overall Fund of the Year Award presented to the fund that offers the best value proposition to its members.

SuperRatings Award Winners

Fund of the Year

Awarded to the fund with the best value end-to-end product offering

Winner 2024

UniSuper

View previous winners

2023 Hostplus
2022 UniSuper
2021 QSuper
2020 Sunsuper
2019 UniSuper
2018 Sunsuper
2017 QSuper
2016 QSuper
2015 Telstra Super
2014 REST
2013 Sunsuper
2012 Sunsuper
2011 AustralianSuper

MySuper of the Year

Awarded to the fund that has provided the best value for money default offering

Winner 2024

HESTA

View previous winners

2023 CareSuper
2022 AustralianSuper
2021 UniSuper
2020 UniSuper
2019 UniSuper
2018 CareSuper
2017 QSuper
2016 QSuper

MyChoice Super of the Year

Awarded to the fund who offers the best value for money to engaged members during the accumulation phase

Winner 2024

UniSuper

View previous winners

2023 Hostplus
2022 Hostplus
2021 Sunsuper
2020 Sunsuper
2019 Sunsuper
2018 QSuper
2017 CareSuper
2016 CareSuper
2015 Telstra Super
2014 Telstra Super
2013 AustralianSuper
2012 Telstra Super
2011 CareSuper

Career Fund of the Year

Awarded to the fund with the offering that is best tailored to its industry sector

Winner 2024

TelstraSuper

View previous winners

2023 Cbus
2022 HESTA
2021 Cbus
2020 HESTA
2019 HostPlus
2018 HESTA

Retirement Offering of the Year

A retirement offering based on the peer relative position, with consideration given to its investment performance and processes, fees, pension flexibility and choice, administration capabilities, member servicing and governance practices.

Winner 2023

Aware Super

Momentum

Awarded to the fund that has made significant progress on enhancing its strategic positioning in coming years

Winner 2024

AMP Super Fund

View previous winners

2023 HESTA
2022 TelstraSuper
2021 Aware Super
2020 Cbus

Net Benefit

Awarded to the fund with the best Net Benefit outcomes delivered to members over the short and long term

Winner 2024

HESTA

View previous winners

2023 Hostplus
2022 AustralianSuper & HESTA
2021 AustralianSuper & HESTA
2020 AustralianSuper

Smooth Ride

Awarded to the fund that has best weathered the ups and downs of the market, while also delivering strong outcomes

Winner 2024

CSC

View previous winners

2023 CareSuper
2022 QSuper
2021 QSuper
2020 QSuper

Innovator Award

Awarded to the fund/service based on releasing to market a meaningful innovation in the superannuation sector.

Winner 2024

Mercer – Care and Living with Mercer (CaLM)

Best Low-cost Offering

Based on the total cost of the fund’s lowest fee diversified investment option and the range of low-cost options available within the fund, with consideration given to the performance of the offering where similar cost options exist.

Winner 2024

Hostplus

Lifetime Return

Based on the lifetime return generated by the investment strategy.

Winner 2024

Aware Super

Best Digital Offering

Based on the range, capability and uptake of digital services by its members across online portals, apps and digital contact and administration services.

Winner 2024

Rest

Member Education

Based on the range, quantity, reach and quality of education offered to members.

Winner 2024

Equip Super

Service Quality

Awarded to the fund that can demonstrate superior speed and quality of service in response to its members’ needs.

Winner 2024

Vision Super

Advice Offering

Based on the range, capability, quality and uptake of its advice offering to members.

Winner 2024

MLC Super Fund

Default Insurance Offering

A fund’s default insurance offering will be shortlisted based on the alignment of insurance design with the fund’s member demographic, the value of insurance cover provided by the default offering and the level of service and claims experience provided by the fund.

Winner 2024

legalsuper

Choice Insurance Offering

Based on the range of insurance options available to members, the value of the insurance covers provided, and the level of service and claims experience provided by the fund.

Winner 2024

UniSuper

Sustainable Fund of the Year

Based on its peer relative position around the sustainability practices of the fund, with consideration given to the fund’s policies and oversight, research, carbon emissions, engagement, education for members, and operational behaviour in relation to ESG.

Winner 2024

UniSuper

Accountability and Transparency

Awarded to the fund that has demonstrated the highest levels of transparency and accountability throughout its disclosures.

Winner 2024

NGS Super

Important information: Any express or implied rating or advice is limited to general advice, it doesn’t consider any personal needs, goals or objectives.  Before making any decision about financial products, consider whether it is personally appropriate for you in light of your personal circumstances. Obtain and consider the Product Disclosure Statement for each financial product and seek professional personal advice before making any decisions regarding a financial product.