Our Awards
Respected by the industry
It is not only our members who think LUCRF Super is doing a great job. The superannuation industry has recognised LUCRF Super as a good, value for money superannuation fund.
In addition to being Australia’s first industry fund, we are also among the best.
AAA rating
Our AAA rating was given by SelectingSuper, whose rating is an independent assessment of a super fund’s quality. It can also be used as the basis of comparisons against the wider superannuation market. SelectingSuper’s fund ratings examine, review, compare and assess a super fund, and give a clear indication of its market position against a range of criteria, including organisational strength, administration, communications, investment performance, insurance and extra services.
The AAA Rating means that SelectingSuper considers the fund to be a very high-quality fund that is well managed, competitively priced and has a strong track record of demonstrated success and a strong range of useful features likely to appeal to its membership.
"LUCRF Super is Australia’s most experienced industry fund. Through its long-term record of solid, consistent and above-average investment returns, the fund has demonstrated its ability to navigate all types of investment environments while also being able to evolve and add new features that modern superannuation fund members now expect, like extra insurance, retirement products, banking services, financial planning, and a modern and flexible website. And above all, it does all this while charging extremely competitive fees.
"Its ability to blend up-and-coming investment managers with long-established ones is an important part of this success as well, as is the fund’s expanding range of extra services and alliances."
SelectingSuper Fund Assessment of LUCRF Super
Platinum Pension
Our retirement income products, LUCRF Pensions, were recently awarded a Platinum Rating – the highest rating possible.
The rating was given by SuperRatings, an independent super fund assessment organisation that comprehensively analyses and reviews over 320 multi-employer and personal superannuation funds and pension products, covering in excess of $300 billion in superannuation savings on behalf of nearly 10 million member accounts.
SuperRatings’ fund analysis and rating takes into consideration the major Industry (not for profit) Funds, Commercial Master Trusts, Public Sector Funds and Corporate Funds that may be approaching ‘public offer’ status. The criteria used include Investment, Fees and Charges, Administration, Advice, Governance, Insurance, and Qualitative Overlay.
Gold, Gold, Gold!
Our third consecutive Gold Rating was also recently given by SuperRatings.
The 2008 Gold Rating is awarded in recognition of being ‘A good value-for-money superannuation fund strong in nearly all assessment areas’. Further information on the ratings methodology and results can be viewed at www.superratings.com.au
LUCRF Super has always worked very hard to provide our members with strong performances and competitive returns on their investments. We continue to work hard at this, and we are proud that we are doing well in the current times.
