Peter Chun

UniSuper, the $110 billion fund now open to all Australians, has been awarded a 5-Star Rating for Outstanding Value in Canstar’s 2022 Superannuation Awards.

This award cements UniSuper’s position as one of Australia’s best-performing superannuation funds, demonstrating that the Fund is delivering on its mission of shaping a future worth retiring for their members according to Chief Executive Officer – Peter Chun.

“We’re incredibly proud to receive the accolade of 5-Stars in the prestigious Canstar Outstanding Value Superannuation Awards, as it validates the strength of our performance and low fees. Our brilliant people, our innovative approach to our investment strategy and our excellent service means we have the best value super in Australia,” Mr. Chun said.

“We’re pleased to be using the power of our scale to take advantage of investment opportunities that will ultimately help deliver strong long-term returns for our members and help create a future worth retiring for.”

Peter Chun added “I congratulate our entire UniSuper team. This 5-Star rating is a testament to the dedication of every one of our people. They each play a critical role in delivering outstanding value to our members.”

Canstar’s Joshua Sale, Ratings Manager said UniSuper’s commitment to improving members’ retirement outcomes stood out.

“Canstar’s Superannuation Awards recognise the funds that find the right balance between investment performance, fees and product features. UniSuper, in their first year as an open fund, has been recognised by Canstar as offering Outstanding Value to their fund members. UniSuper’s Balanced (MySuper) investment option has delivered 7-year returns well above market average while keeping fees among the lowest in market.”

This is the first year UniSuper has participated in the research and follows the 5-Star Rating the Fund received for its Flexi Pension in September 2021. More recently, UniSuper was named Money Magazine’s Best Super Fund 2022.

UniSuper opened to the public in July 2021, making it eligible for review as part of Canstar’s methodology, which stipulates that a product should not be restricted to members of a particular group or organisation. Previously UniSuper was only open to those in the higher education and research sector.

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