Note: This article lists the 30 top-performing pension (retirement) funds over 5 years to 30 June 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 2 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 30 June 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 30 June 2017 delivered an average annual return of 8.7%. 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 8.2% a year to 30 June 2017.
Pension fund option, VicSuper Allocated Pension – Capital Stable Option came a close second over the 5-year period to 30 June 2017, with an average annual return of 8.6%, while third place went to AustralianSuper Choice Income Account – Stable, with an average annual return (AAR) of 8.4% over the 5-year period, while UniSuper AP – Conservative came fourth with an AAR of 8.0%.
Four pension funds delivered an average annual return of 7.9% over 5 years to 30 June 2017: MyLife My Pension – Capital Stable, and CareSuper AP – Capital Stable and HESTA AP – Conservative, and Hostplus AP – Capital Stable. More precise data indicated that these 3 super funds came fifth, sixth, seventh, and eighth respectively.
The next 3 place-getters delivered an AAR of 7.7% for the 5 years to 30 June 2017: Energy Super AP – Stable Option (9th), Aon MT AP Essentials – Moderate – Active (10th), and NGS Super AP – Defensive (11th).
Pension funds ranked from 12 to 20 delivered AAR over 5 years to 30 June 2017, ranging from 7.6% to 7.0%. Pension funds ranked from 21 to 30, delivered AAR over 5 years to 30 June 2017, ranging from 7.1% to 6.3%.
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 30 June 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 30 June 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||8.7%||$1,678|
|2||VicSuper AP – Capital Stable Option||Industry||Y||8.6%||$1,778|
|3||AustralianSuper Choice Income Account – Stable||Industry||Y||8.4%||$1,228|
|4||UniSuper AP – Capital Stable||Industry||N||8.0%||$996|
|5||MyLife MyPension – Conservative||Industry||Y||7.9%||$1,851|
|6||CareSuper AP – Capital Stable||Industry||Y||7.9%||$1,806|
|7||HESTA AP – Conservative||Industry||Y||7.9%||$1,341|
|8||HOSTPLUS AP – Capital Stable||Industry||Y||7.9%||$2,065|
|9||Energy Super AP – Stable Option||Industry||Y||7.7%||$1,727|
|10||AON MT AP Ess – Moderate – Active||Master Trust||Y||7.7%||$3,136|
|11||NGS Super AP – Defensive||Industry||Y||7.7%||$1,540|
|12||REST AP – Capital Stable||Industry||Y||7.6%||$1,590|
|13||Cbus AP – Conservative||Industry||Y||7.6%||$1,229|
|14||Legalsuper AP – Conservative||Industry||Y||7.5%||$1,843|
|15||Sunsuper for Life AP – Conservative||Industry||Y||7.5%||$1,633|
|16||Vision Super AP – Conservative||Industry||Y||7.2%||$2,175|
|17||Super SA AP – Conservative||Public sector||N||7.2%||$1,650|
|18||Tasplan Pension – Conservative||Industry||Y||7.1%||$1,753|
|19||Mine Wealth + Wealth Being Pension – Stable||Industry||Y||7.1%||$1,330|
|20||Media Super AP – Stable||Industry||Y||7.0%||$1,290|
|21||MTAA Super AP – Conservative||Industry||Y||7.2%||$1,278|
|22||LUCRF AP –Conservative||Industry||Y||6.7%||$2,710|
|23||Equip AP – Conservative||Industry||Y||6.7%||$1,825|
|24||First State Super AP – Conservative Growth||Industry||Y||6.7%||$1,877|
|25||Maritime AP – Conservative||Industry||Y||6.6%||$1,903|
|26||Mercer PS AP – Moderate Model Choice||Master Trust||Y||6.6%||$5,263|
|27||North AP – North index Defensive||Master Trust||Y||7.1%||$2,216|
|28||Russell iQ Retirement – Russell Defensive Portfolio||Master Trust||Y||6.4%||$2,525|
|29||Local Government Super AP –Conservative||Industry||Y||6.4%||$1,470|
|30||GESB Ret Inc AP – Conservative Plan||Public Sector||N||6.3%||$1,150|
|SR50 Capital Stable (20-40) Index||6.6%|
Source and notes for Table (click to open and close)
For more information on the top-performing superannuation funds see the following SuperGuide articles:
- Super stars! Top 30 super funds over 5 years
- Top 10 performing super funds for 2016/2017 financial year (and previous years)
- 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 funds return 7.7% for 2016 calendar year
- Super fees: Top 10 cheapest funds in Australia