Note: This article lists the 30 top-performing pension (retirement) funds over 5 years to 31 December 2017. For the top-performing super funds, see SuperGuide article Super stars! Top 30 super funds over 5 years.
Discovering the best-performing super funds is fascinating reading for any Australian interested in how their super is accumulating. And whenever we publish articles covering this topic, these articles prove very popular among our 3 million or so SuperGuide readers.
Information on the top-performing pension funds however is more difficult to obtain. Pension or retirement funds are those pension products/funds that pay out pensions to its members. Thanks to superannuation ratings agency, SuperRatings, we can provide you with the performance data on the 30 top-performing pension funds over a 5-year period to 31 December 2017.
The table below contains the 30 top-performing pension funds, based on the capital stable investment option of allocated pension products/accounts. The capital stable option typically has between 20% and 40% of growth assets (such as shares and property) in its portfolio.
Note: If you are seeking information on the 30 top-performing super funds (that is, those super funds not paying out pensions), then see SuperGuide article Super stars! Top 30 super funds over 5 years.
The top-performing allocated pension capital stable investment option over the 5-year period to 31 December 2017 delivered an average annual return of 8.2%. The obvious question to ask is: which pension fund delivered this top average annual return for the 5-year period. The answer is… Telstra Super.
The Telstra Super RetireAccess Allocated Pension – Conservative investment option was also the top performer over 7 years, with an average annual return of 7.9% a year, over those years, to 31 December 2017.
Pension fund option, AustralianSuper Choice Income Account – Stable came a reasonably close second over the 5-year period to 31 December 2017, with an average annual return of 8.0%, while third place went to MyLife My Pension – Capital Stable, with an average annual return (AAR) of 7.7% over the 5-year period.
UniSuper AP – Conservative, and HESTA AP – Capital Stable came fourth and fifth respectively, with an AAR of 7.6%. The pension option in sixth place was Hostplus AP – Capital Stable with an AAR over the 5 years to 31 December 2017 of 7.5%
Three pension funds delivered an average annual return of 7.4% over 5 years to 31 December 2017: CareSuper AP – Capital Stable, and Energy Super AP – Stable Option, and NGS Super AP – Defensive option. More precise data indicated that these 3 super funds came seventh, eighth, and ninth, respectively.
Cbus AP – Conservative delivered an AAR of 7.2% over the 5 years to 31 December 2017 7.2%, coming in 10th place.
Pension funds ranked from 11 to 20 delivered AAR over 5 years to 31 December 2017, ranging from 7.1% to 6.5%. Pension funds ranked from 21 to 30, delivered AAR over 5 years to 31 December 2017, ranging from 6.4% to 6.0%.
See the table below for more information on the top 30 performing pension funds.
Note: While performance data in the table below is shown to one decimal place, rankings are based on more precise, unrounded data. The rounding to one decimal place explains why pension options with the same return are ranked differently.
We would like to thank SuperRatings for providing the data contained in this article. In the text above and the table below, Allocated Pension has been shortened to AP in many instances.
At the end of this article, you can find links to other interesting articles, including the top 30 performing super funds for the 5-year period to 31 December 2017, the top-performing asset classes, and the cheapest super funds.
Top 30 allocated pension capital stable (20-40) investment options over 5 years (to 31 December 2017) – Ranked by 5-year performance
|Ranking||Name of pension fund||Fund type||Anyone can join (Y/N)||5 years: per annum (%)||Fees per $250,000|
|1||Telstra Super RetireAccess AP – Conservative||Corporate||N||8.2%||$2,378|
|2||AustralianSuper Choice Income Account – Stable||Industry||Y||8.0%||$1,528|
|3||MyLife MyPension – Conservative||Industry||Y||7.7%||$2,851|
|4||UniSuper AP – Capital Stable||Industry||N||7.6%||$1,296|
|5||HESTA AP – Conservative||Industry||Y||7.6%||$1,766|
|6||HOSTPLUS AP – Capital Stable||Industry||Y||7.5%||$3,290|
|7||CareSuper AP – Capital Stable||Industry||Y||7.4%||$1,956|
|8||Energy Super AP – Stable Option||Industry||Y||7.4%||$2,102|
|9||NGS Super AP – Defensive||Industry||Y||7.4%||$2,615|
|10||Cbus AP – Conservative||Industry||Y||7.2%||$1,479|
|11||Sunsuper for Life AP – Conservative||Industry||Y||7.1%||$2,156|
|12||Legalsuper AP – Conservative||Industry||Y||7.1%||$2,143|
|13||Vision Super AP – Conservative||Industry||Y||7.1%||$2,150|
|14||smartMonday Pension – Moderate – Active||Master Trust||Y||7.0%||$5,337|
|15||REST AP – Capital Stable||Industry||Y||7.0%||$1,865|
|16||Super SA AP – Conservative||Public sector||N||6.8%||$2,200|
|17||Media Super AP – Stable||Industry||Y||6.6%||$1,465|
|18||Tasplan Pension – Conservative||Industry||Y||6.6%||$2,278|
|19||MTAA Super AP – Conservative||Industry||Y||6.6%||$1,558|
|20||LUCRF AP –Conservative||Industry||Y||6.5%||$1,703|
|21||First State Super AP – Conservative Growth||Industry||Y||6.4%||$2,427|
|22||Mine Wealth + Wealth Being Pension – Stable||Industry||Y||6.4%||$2,030|
|23||Equip AP – Conservative||Industry||Y||6.3%||$1,530|
|24||Mercer PS AP – Moderate Model Choice||Master Trust||Y||6.3%||$5,263|
|25||VicSuper AP – Capital Stable Option||Industry||Y||6.1%||$1,928|
|26||Local Government Super AP –Conservative||Industry||Y||6.1%||$3,196|
|27||Maritime AP – Conservative||Industry||Y||6.0%||$2,728|
|28||Russell iQ Retirement – Russell Defensive Portfolio||Master Trust||Y||6.0%||$2,781|
|29||North AP – North index Defensive||Master Trust||Y||6.0%||$2,216|
|30||GESB Ret Inc AP – Conservative Plan||Public Sector||N||6.0%||$1,425|
|SR50 Capital Stable (20-40) Index||6.3%|
Source and notes for Table
Source: Table created by SuperGuide with data supplied by SuperRatings. The returns quoted in the performance tables are after tax, net of investment management fees (including net of implicit asset-based administration fees). This includes management and administration fees that are deducted before returns are credited to members account. Fees refer to the annual fees on a $250,000 balance and include percentage-based administration fees, member fees, investment management fees (including performance-based fees), indirect cost ratios and taxes.
Table note one: While performance data is shown to one decimal place, rankings are based on more precise, unrounded data.
Table note two: The term 20-40 represents the percentage of growth assets (such as shares and property) in the investment portfolio.
Table note three: Fees per $250,000 balance refers to annual fees on a $250,000 pension account balance as at 31 December 2017. Fees include percentage-based administration fees, member fees, investment management fees (including performance-based fees) and taxes, but exclude any applicable employer size rebates
For more information…
For more information on the top-performing superannuation funds for the latest calendar year (and previous calendar years) see the following SuperGuide articles:
- Super stars! Top 30 super funds over 5 years
- Top 10 performing super funds for 2017 calendar year (and previous years)
- Top 10 performing super funds over 10 years (to 31 December 2017)
- Asset classes: Naming the investment winners for the 2017 calendar year (and previous years)
- Super funds return 10.8% for 2017 calendar year
- Super fees: Top 10 cheapest funds in Australia
For more information on the top-performing superannuation funds for the latest financial year (and previous financial years) see the following SuperGuide articles:
- Top 10 performing super funds for 2016/2017 financial year (and previous years)
- Top 10 performing super funds over 10 years (to 30 June 2017)
- Asset classes: Naming the investment winners for the 2016/2017 financial year (and previous years)
- Super funds gain 10.8% for 2016/2017 financial year
- Super fees: Top 10 cheapest funds in Australia