Four new funds make SuperRatings’ Top 10

HostPlus is back to defend its title as SuperRatings’ Fund of the Year, lining up against nine other finalists (four of them first-timers) at Wednesday night’s award presentation in Melbourne.

The awards, which will take place after SuperRatings’ inaugral ‘Day Of Confrontation’ conference headlined by former PM Paul Keating, recognise the fund which "provides the highest value for money to members in Australia",  according to SuperRatings boss Jeff Bresnahan.

Funds are assessed on over 400 criteria including qualitative and quantitative areas including investments, fees, insurance, service delivery, member education, financial planning facilities, amployers support and fund governance.

2006/07 winner HostPlus will once again come up against AGEST Super, AustralianSuper, HESTA, MTAA Super, and SunSuper. The four first-time finalists are BUSS(Q), Catholic Super, QSuper and Vision Super.

 

 

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NZ Super cuts benchmark return expectation on US valuation concerns

A view that the US stock market is overvalued and equity risk premia will be lower over the long term has driven New Zealand Super to lower the return expectations for its reference portfolio following its recent five-yearly review of the benchmark.

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