Super Fund Ratings
The Heron Partnership's superannuation fund rating service covers industry funds, master trusts and multi-employer funds, categorised as either personal or corporate superannuation funds. The 2025 assessment covered the major superannuation products, and included commercial products, industry funds and specialist "corporate" products.
The following superannuation products have been judged as "outstanding" and have been awarded 5 Heron Quality Stars for 2025.
Active Super
AMP SignatureSuper
AustralianSuper Personal Plan
AustralianSuper Plan
AustralianSuper Select
Aware Super
Brighter Super
Catholic Super
Cbus Industry Super
Colonial First State FirstChoice Employer Super
Colonial First State FirstChoice Wholesale Personal Super
Equip MyFuture
Equip MyFuture - Corporate
eXpand Super
First Super
HESTA Corporate Super
HESTA Super
IOOF Personal Super
legalsuper
Media Super Industry
Mercer Super Trust - Corporate Superannuation Division
MLC MasterKey Super Fundamentals
NGS Super
OneAnswer Frontier Personal Super
Plum Super - Personal Division
Telstra Super - Personal Plus
UniSuper
Vision Super - Vision Personal
Due to the varying asset size and operation of corporate superannuation funds, we have segmented the market into 3 categories based on the asset size of a company's superannuation fund. For more details see Corporate Superannuation - Market Segments.
The MySuper investment option for the following superannuation products have been judged Top 10 MySuper.
AustralianSuper
Brighter Super
Cbus Super
Equip MyFuture
HESTA Super
Media Super
UniSuper
Vision Super
Disclaimer
The comparative product ratings are undertaken by The Heron Partnership's consultants and are based on analysis of information such as product disclosure statements provided by third parties, as well as general market knowledge. The analysis and information upon which the product ratings are based is considered to be accurate at the time a particular product is rated by us. However, to the extent that the product ratings are based on such third party information, The Heron Partnership gives no guarantee or warranty and makes no representation as to the accuracy or correctness of the third party information and accepts no responsibility for any inaccuracy or incompleteness in the third party information provided to it. The Heron Partnership makes no guarantee or warranty in relation to the investment component or rate of return of any product that it rates.
The Heron Partnership is authorised to provide general financial product advice for certain classes of financial products, including life products, retirement savings accounts and superannuation. We do not provide personal financial product advice. The product ratings have been produced without taking into account any individual's financial needs, circumstances and objectives. To the extent that the product ratings provided through this web site may constitute financial product advice, they are general financial product advice only, and The Heron Partnership provides its Financial Services Guide for your information. Any person should, before acting on such advice, assess the appropriateness of the advice having regard to their own financial situation and consult a licensed financial adviser before making any changes to their financial affairs. In addition, when considering any financial product you should obtain a Product Disclosure Statement produced by the Product Issuer.
MySuper Investment Option
The MySuper investment option for the following superannuation products have been judged as "outstanding" and have been awarded the highest rating with 5 Heron Quality Stars for 2025.
AMP SignatureSuper
AustralianSuper Personal Plan
AustralianSuper Plan
AustralianSuper Select
Aware Super
Bendigo SmartStart Super
Brighter Super
BUSSQ MySuper
Catholic Super
Cbus Industry Super
Colonial First State FirstChoice Employer Super
Equip MyFuture
Equip MyFuture (Corporate)
HESTA Corporate Super
HESTA Super
IOOF Personal Super
Media Super Industry
Media Super Personal
Mercer SmartSuper Plan - Employer Section
Mercer SmartSuper Plan - Individual Section
Mercer Super Trust – Corporate Superannuation Division
NGS Super
REI Super
TelstraSuper - Personal Plus
TWUSUPER
UniSuper
Vision Super - Vision Personal
Top 10 MySuper Investment Option
Personal
Catholic Super
Equip MyFuture
First Super
Hostplus
legalsuper
NGS Super
Plum Super - Personal Division
Telstra Super - Personal Plus
UniSuper
Corporate
AMP SignatureSuper
Colonial First State FirstChoice Employer Super
HESTA Corporate Super
Mercer SmartSuper Plan - Employer Section
Mercer Super Trust - Corporate Superannuation Division
In alphabetical order the Top 10 Personal and Corporate Products in respect to Insurance Features are:
Personal
AustralianSuper Plan
Brighter Super
IOOF Personal Super
Mercer SmartSuper Plan - Individual Section
Plum Super - Personal Division
UniSuper
Corporate
AMP SignatureSuper
Colonial First State FirstChoice Employer Super
Mercer SmartSuper Plan - Employer Section
Mercer Super Trust - Corporate Superannuation Division
Top Ten Products for Investment & Insurance Features
The following products have been classified as a Top Ten Product for Investment Features and Insurance Features.
In alphabetical order the Top 10 Personal and Corporate Products in respect to Investment Features are: