Sweeping the board

Publication Date: 11 April 2007
Publication:: SuperReview April 2007

The Heron Partnership has announced its top-rated superannuation products for 2007 with Care Super, ING Corporate Super and Ausfund emerging the big winner. 

Care Super was awarded Heron’s top five-star rating as the top-rated retail product, ING Corporate was awarded five stats as the top-rated corporate product, and Ausfund was awarded five stats as the best eligible rollover fund.

The ratings were devised from an assessment of 137 superannuation products, including 50 retail master trusts, 25 industry funds and all 15 eligible rollover funds operating in Australia. In addition, 45 mater trust and industry fund products designed for the corporate superannuation market were assessed.

Commenting on the outcome, The Heron Partnership managing director Chris butler said he was delighted to announce the winners.

“Based on our latest assessments, we have judged each of these products as outstanding and awarded each the highest rating in their category,” he said “All three products achieved excellent results in all areas of importance that we assessed.”

Butler said that Heron Partnership’s product ratings were based on feature-specific benchmarks that guided Heron’s assessors to rate the feature objectively, with all products in each category therefore being rated on exact same basis.

He said the three top rated products had achieved the highest rating for their category.