MTAA Super was recognised as Medium Fund of the Year at the Conexus Financial Superannuation Awards 2017.
The other finalists in the category, which was open to funds with between $5 billion to $10 billion in assets, were Energy Super, LGIA Super and NGS Super.
MTAA Super, a $9 billion Canberra-based super fund for workers in the motor trades, scored the highest mark – out of any fund across all the 12 categories – for forward looking estimate of member benefits, based on the structure of the default option.
“This is a stellar achievement,” judging committee member and NZ Super chief executive Adrian Orr said.
Orr added MTAA also rated the highest for member services in the Medium Fund of the Year category.
The fund has undergone an impressive turnaround under the leadership of chief executive Leeanne Turner since 2011. Turner said the everyone on the fund’s board, executive and staff deserved credit for award, while making a nod to the turnaround.
“This is a team effort. And that team includes the board, a fantastic management team and fantastic staff. We have all been on a long journey, which has been about putting members first and driving a new roadmap – pardon the pun – of where we are going,” she said.
“We are all very proud of what we have done but also acknowledge there is more to be done as we continue to work on ensuring our members have the retirement they deserve.”
Turner particularly acknowledged the contribution of MTAA Super chair John Brumby.
In accepting the award Turner called on all her colleagues in the industry to “be inspired to be an advocate for super”.
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.