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Sunsuper awarded Chant West‘s Super Fund of the Year

14 May 2020

Sunsuper has again cemented its position as one of the super industry’s best performers by winning Chant West’s Super Fund of the Year award for the third time in four years.

The award, which is one of the super industry’s most coveted, is granted annually by superannuation research and consultancy firm Chant West to the fund with outstanding performance in investments, member services, financial advice, insurance, fees, and overall organisational capability.

At today’s award ceremony, Sunsuper – described as a great ‘all-round’ super fund - was also recognised as the Best Fund: Member Services 2020. This award recognises the fund that best engages with its members, guiding them toward greater knowledge and involvement with superannuation. Sunsuper was called out specifically for its industry-leading adoption of a highly personalised service model that helps members take actions specific to their circumstances in order to help them maximise their retirement savings. This is the sixth year out of the last eight that Sunsuper has won this award.

The Corporate Solutions Fund of the Year 2020 award, which Sunsuper also won again today, acknowledges the super fund operating in this important industry segment working in the best interests of its corporate plan members. Having won 24 tenders in 2019 totalling $4.5 billion, it is the fifth year in a row that Sunsuper has won the Corporate Solutions Fund of the Year award.

Sunsuper’s Chief Executive Officer Bern Reilly said it was an honour for the Fund to accept these awards which were testament to the Fund’s singular commitment to its members, particularly given the current environment’s challenges.

“Throughout the year we have remained steadfast in our commitment to our members’ financial wellbeing,” he said. “This has never been truer than how our people have rallied over recent weeks to give timely support to those who have been experiencing financial difficulties.”

Mr Reilly said that Sunsuper saw it as a privilege to serve the 1.4 million Australians who trusted the Fund with their retirement savings. But, he said, while proud of the awards, the Fund would not be resting on its laurels, particularly during these unprecedented times.

“We’ll continue to work hard to provide top quality products and services for our members, as well as investing in technology in order to meet members’ rapidly changing needs,” he said.

“From responding to increased member demand for personalised digital capability, to enhancing our pension and financial advice offerings, to improving our governance framework, and delivering investment performance that places us among the industry’s best, we will not waver in our ongoing efforts to enhance member benefits while spearheading the way super funds do business in the current environment”.

“We will also continue to maintain our focus on pursuing new and innovative investment opportunities, build on our people capabilities and optimise operational efficiencies in order to keep costs down and fees as low as possible,” Mr Reilly said.

These awards come on the back of the Fund’s recognition as SuperRatings Fund of the Year 2020 – also won for the second time in three years - and Money magazine’s Best Super Lifecycle Product 2020, making Sunsuper one of Australia’s most awarded superannuation funds.

Sunsuper was also a finalist in the following categories: Pension Fund of the Year, Best Fund: Investments, Best Fund: Integrity, Best Fund: Innovation, and Best Fund: Advice Services.

Sunsuper is one of Australia’s largest and fastest growing super funds with more than 1.4 million members and $67 billion in funds under management.

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