QSuper has been named the 2021 SuperRatings and Lonsec Fund of the Year at the annual awards recognising excellence in the superannuation industry.
This is the third time in six years that QSuper has received thes award. It also won Pension of the Year for the third year running and the Smooth Ride award for the second year in a row at the virtual event.
Executive Director of SuperRatings, Kirby Rappell said that in a highly competitive field, QSuper was the fund that performed most strongly across the key criteria of investment performance, fees, member services, financial advice and insurance, and fund governance.
Chief of Member Experience at QSuper, Jason Murray (pictured) said the awards capped off a strong year for QSuper, which was ranked number one for investment performance in the March quarter, at the height of COVID-19-charged market volatility, and an industry leader over the decade.
“This year’s recognition is an acknowledgement that, despite the unexpected challenges of 2020, our strong performance, low fees and unique investment strategy have delivered for our members in a year like no other,” Mr Murray said.
QSuper was established 1913 in Queensland to help Queensland Government employees save for retirement and to provide financial support in the event of unexpected illness.
However, over the years it was able to broaden its remit to all Australians and is now one of the country’s largest, as well as one of the oldest superannuation funds.