QSuper won its second trophy of the night at the Conexus Financial Superannuation Awards 2017, taking home the title of Large Fund of the Year.
“As you might imagine, identifying the best large fund was one of the most difficult decisions to make in this year’s awards,” Vanguard Australia head of distribution Matthew Lumsden said in presenting the award.
“Close analysis of the entries revealed that no single fund was able to top every assessment criteria. As a result, final scores were very close.”
In the end QSuper’s “superb member services”, flexible and high-performing investments and an impressive pension option put it ahead of the pack, he added.
The $65 billion super fund for Queensland public sector workers also won Pension Fund of the Year.
The other finalists in the Large Fund of the year category, open to funds with more than $10 billion in assets, were Cbus, Sunsuper and UniSuper.
“I feel very lucky to work in an industry where we get to do good things, and come to work every day with people I admire,” QSuper chief executive Michael Pennisi said.
While 2016 was a huge year for QSuper, 2017 is set to be even busier with legislation recently passed in Queensland Parliament to allow the fund to go public offer.
“We will open our doors at some point this year, but we won’t change our spots,” Pennisi said.
View the full list of winners across all 12 categories.
More than $86,000 was raised for the Conexus Financial Superannuation Awards 2017 charity partner The Wayside Chapel at the gala dinner to announce the winners in Sydney on March 9. To donate to Wayside click here.
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