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Heron Announces Top Rated Superannuation Products for 2009/10

Released: 8 July, 2009

 4 products awarded 6 stars

Superannuation consultancy, The Heron Partnership, has announced its most extensive assessment of superannuation products and named its highest rating products across several product categories.

The Heron Quality Star Ratings assessment covered in total 245 superannuation products, including 49 retail master trust products, 61 industry fund products, 83 pension products and all 16 Eligible Rollover Funds.  In addition, 36 master trust and industry fund products specifically designed for the corporate superannuation market have been assessed.

Chris Butler, Managing Director of The Heron Partnership said, “We are very pleased to announce that the following 5 products achieved the highest ratings for their respective fund category in our 2009/10 assessment”.

Heron’s Top Rated Superannuation Products

  2009/10 Top Rated

Top Rated Retail Product

CARE Super

Top Rated Corporate Product ING Corporate Super
Top Rated Pension Product AMP SignatureSuper Pension
Top Rated Eligible Rollover Fund National Preservation Trust

Mr Butler said “Each of these superannuation products has been judged by The Heron Partnership as outstanding and they each received the highest rating in their category.  All 4 products achieved excellent results in all Areas of importance that we assess.”

The Heron Partnership’s product ratings are based on feature specific benchmarks which guide Heron’s assessors to rate the feature objectively, with all products in each category therefore being rated on the exact same basis.  The ratings for each feature are aggregated to an overall numeric rating for each product.  The 4 Top Rated products achieved the highest rating for their category.