Sunsuper scooped the pool at the SuperRatings and Lonsec Awards last week, winning the ‘fund of the year’ and two other awards on Wednesday evening (October 30). Ian Patrick, Sunsuper CIO, said: “I don’t think the buzz of winning this ever goes away, but there should be 1,000 people standing on this podium.”
He was referring to all the people who serve “tirelessly”, every day of their working lives, for the betterment of members’ interests. “This is a tribute to everybody in the room,” he said.
Sunsuper also picked up the ‘investment choice’ award, which Patrick also accepted, and the ‘my choice’ award, accepted by Anne Fuchs, the fund’s head of advice and retirement.
About 300 people attended the black-tie event, which was addressed by Senator Jane Hume, the assistant minister for financial services, superannuation and financial technology (see separate report this edition).
In a nutshell, the winners were:
- HostPlus for ‘Best New Innovation’ award
- AustralianSuper for ‘Net Benefit’ award
- QSuper for ‘Smooth Ride’ award, which was a two-horse race to the finish between the winner and Media Super
- Cbus Super for the ‘Momentum’ award
- Australian Ethical for the ‘Infinity’ award. “We do have the power and we should be able to use it for everyone’s good,” they said
- Vanguard for Lonsec’s ‘Disrupter’ award
- Sunsuper for the SuperRatings ‘Investment Option’ award
- Ausbil for the ‘Sustainable Investment’ award
- HESTA for the ‘Career Fund of the Year’ award
- UniSuper for the ‘MySuper Fund of the Year’ award
- Sunsuper for the ‘My Choice’ award
- QSuper for the ‘Pension of the Year’ award, and
- Sunsuper for ‘Fund of the Year’.
Kirby Rappell, SuperRatings executive director, said there was still a “collegiate vibe” among super funds, notwithstanding all the changes which had occurred over the past year and more. SuperRatings researchers read more than 2,400 disclosure documents each year, her said. “We want to spend more time on the road speaking to funds if possible,” he said. “Our meetings are getting longer and are involving more people.”
The major sponsors of the event were: diversified administrator Link Group, and global fund managers AXA Investment Managers and Australian-based Pendal. The full list of winners and finalists, plus photos and other information about the awards can be seen HERE.