Hostplus today announced it has won the 2015 SelectingSuper – Super Fund of the Year award for the 2nd year in a row.
Hostplus is the only superannuation fund that has won the Super Fund of the Year two years in a row since The Rainmaker group introduced the award in 2006.
The SelectingSuper Awards administered by Rainmaker Information, recognise the best Superannuation and retirement Income providers in Australia. Award winners are selected from the most eminent and top-rated funds that the Rainmaker research team has assessed as the best in each category.
“These funds are industry leaders, having demonstrated a consistent history of strong relative net returns over different time periods and persistently achieved their objectives. To be amongst the finalists is to join an elite group. To be the winner is to be the best of the very best,” said Alex Dunnin, Executive Director of Research and Compliance at the Rainmaker Group.
With regards to Hostplus specifically, Mr Dunnin commended Hostplus for its strong investment performance across its investment choice menu, its member insurance, its fee structure, and its innovative communications strategies.
“Hostplus is once again the 2015 SelectingSuper fund of the year because of its low fees, consistently strong and persistent investment returns, and competitive insurance. Hostplus also has a formidable investment “engine room” and demonstrated resources and capacity that have led them to have consistently achieved impressive relative net returns and insurance premium value”, Mr Dunnin added.
In a period where the quality of superannuation products is hotly debated amongst industry and consumers, Hostplus Chief Executive Officer, David Elia is humbled that the Fund has been recognised for excellence.
“Winning the Super Fund of the Year for a second year in a row just provides us with more motivation to further improve the way we deliver quality services to our members. On this front we have a major product development roadmap in place that will see further improvements in our investment and insurance products in addition to digital services we will deliver to members”, Mr Elia said.
“When you consider that the Australian Superannuation system is acknowledged as one of the best in the world amongst some terrific brands, being recognised as the ‘Best’ is truly an honour. We are also extremely proud to have the hard work of our organisation recognised by receiving these awards from such a highly respected organisation such as Rainmaker.”
Hostplus also received the 2015 Selecting Super Personal Super Product of the Year –Deluxe Category in recognition for excellence in providing superannuation solutions to individual consumers. It was also shortlisted as a Finalist in five other award categories.