MTAA wins top fund award
MTAA Super Fund has once again emerged at the top of the heap being named fund of the year for 2005-06 by Sydney-based ratings house, SuperRatings.
Runner-up in the SuperRatings awards was big retail fund REST, while rising star awards went to AGEST and LUCRF.
While few people were surprised by MTAA taking out the major SuperRatings award, the ratings house surprised many in the industry by naming Virgin Superannuation for Business as the best new product.
Commenting on the outcome of the awards, SuperRatings managing director Jeff Bresnahan said the award to MTAA Super recognised the fund’s many years of providing sound and consistent services to its many members.
“Members of MTAA Super have enjoyed the highest value for money available in the industry based on our judgement criteria, all delivered within a strong Governance framework,” he said.
SuperRatings timed announcement of its Fund of the Year to coincide with the Association of Superannuation Funds of Australia national conference in Melbourne.
All 10 of the SuperRatings Fund of the Year finalists were industry superannuation funds.
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