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Friday, 14 April 2023

Aware Super has received a AAA Quality Rating for 2023 from one of Australia’s leading financial research houses, extending the fund’s long-running record of excellence in the ratings program.

The fund has again achieved the AAA Quality Rating from Rainmaker Information for its personal superannuation, employer-sponsored superannuation and pension accounts.

The rating is a stamp of approval given to products that pass a comprehensive range of best-practice measures and benchmarks.

In the super industry, Rainmaker Information rates products across measures including investment performance net of fees, charges and tax, organisational strength, communications and engagement, insurance and extra services.

Aware Super’s personal super, employer-sponsored super and pension accounts have now all achieved the AAA standard for 15 years or longer. 

Steve Travis, Aware Super’s Group Executive, Member Growth, said: ”This achievement reflects the fact we’re not only one of Australia’s largest and best-performing super funds, we also go out of our way to be incredibly helpful to our 1.1 million members. 

”We’re determined to give our members the personalised help they need, when they need it – and in the ways that suit them best – on their journey to and through retirement, with an extensive range of education, guidance and advice services and a market-leading digital offering.

”That our super and pension accounts have continued to receive this citation for many years running is testament to our long-running and steadfast dedication to help our members achieve the best possible retirement outcomes.” 

Aware Super’s default MySuper Lifecycle Grow option has delivered an annual return of 9.4% on average over the past decade.

The recognition from Rainmaker Information comes after Aware Super was named Best Super Fund at Money Magazine’s prestigious annual awards, the Best of the Best, in recent months. 

Among other recent accolades, Aware Super last month received an Outstanding Value award under Canstar’s 2023 Superannuation Star Ratings and Awards program, after receiving Canstar’s inaugural Most Satisfied Customers – Super Fund Award last year.

For media enquiries, contact:

Peter Taylor, External Communications Specialist

t:  0487104313

e: media@aware.com.au

Note to Editors

Previously known as First State Super, we changed our name to Aware Super in September 2020.

Aware Super is a name that reflects our members and what we stand for. It echoes the strengths of our past, aligning to our purpose to be a force for good in superannuation, retirement, and advice, driving better outcomes for our members, their families, and communities. 

Aware Super has been the fund for people who value community since 1992, and we’re now one of Australia’s largest funds and continuing to grow. We merged with VicSuper and WA Super in 2020 and now manage $155 billion in savings for more than 1 million members located across the country.

Our members work in roles that breathe life into their communities and they expect us to do the same. So, we invest in assets that we believe will make a positive difference today – improving our communities, building a more a sustainable economy and supporting employment both locally and globally at the same time as providing strong long-term returns. 

Discover how we’re helping members do well financially while doing good in the world: Visit aware.com.au.