Local Government Super’s (LGS) Accumulation Scheme has been awarded for the second year running a five-star rating for outstanding value from CANSTAR. This is the highest rating granted by the independent, specialist researcher.
The Scheme was one of just eleven super funds to receive the five-star rating and one of just three to be awarded the five-star rating for outstanding value across all assessed life stages, from starting out to nearing retirement. It was particularly recognised for:
– the number of investment options offered
– access to comprehensive voluntary insurance and to both limited and comprehensive financial planning services
– easy member account access.
LGS Chief Executive Officer, Peter Lambert, said: “We are proud to be recognised as an industry leader that consistently delivers outstanding value to our Accumulation Scheme members.”
“Our core mission is to provide quality service and sustainable investment returns to our members; an integral part of this equation is ensuring our products deliver superior value.”
CANSTAR evaluated the accumulation stage of 74 super funds available for personal super investment, taking into account the annual cost of the fund and fund features such as ease of member account access, number of investment options offered, and access to voluntary insurance, financial advice and strategy services within the fund.
