First State Super has been recognised as the Best Public Sector Fund 2017 at the recent SuperReview Super Fund of the Year Awards in Melbourne.

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First State Super has been recognised as the Best Public Sector Fund 2017 at the recent SuperReview^1 Super Fund of the Year Awards in Melbourne.

The judges praised the fund’s excellent investment performance and our investment back into the communities in which our members live, among a host of reasons for choosing the fund – see the Judges’ Comments below.

Accepting the award, Debra Mika, General Manager of Strategy and Product said “Our philosophy is simple – MEMBERS FIRST – This guides and influences everything we do to help our members achieve a dignified retirement. The award is recognition of that philosophy and the outstanding achievements of the entire First State Super team.”

This recognition is more good news for First State Super members and employers. The fund’s Growth option delivered a return of 12.43% for the financial year ending 30 June 2017, landing itself in the top three funds using balanced investment options, according to superannuation research house SuperRatings.

Judges’ comments

As part of the selection process, the fund received consistently good scores across all aspects assessed including:

  • Excellent investment performance history
  • Top quartile rating for the MySuper option
  • Competitive features and cost
  • Investing in communities where members live
  • A number of key initiatives planned

A huge thank you

We are extremely proud of this recognition. From all the First State Super team, we’d like to say a huge thank you to our valued members, employers and partners, many of whom work tirelessly to support our communities every day – you’re the reason we’re here.

As one of Australia's largest industry funds, we are committed to providing a better future for all Australians and to supporting our employer partners who provide services that care for and benefit our communities.

About the awards

The Super Fund of the Year Awards are presented annually by SuperReview and are judged in conjunction with the Heron Partnership^2.

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  1. SuperReview is a leading forum for the superannuation industry to share ideas and debate viewpoints, and is an important agenda setter in the rapidly-changing financial services landscape. SuperReview is a sister publication of Money Management magazine.

  2. Heron Partnership was established in July 2002 with the mission to provide independent superannuation advisory services. In addition, they provide superannuation product research, assessments and ratings.