2025 Superannuation Star Ratings & Awards

Canstar releases its
2025 Superannuation Star Ratings and Awards.

Released: 27 March, 2025

About this year’s awards

Canstar’s Superannuation Awards follow our unique and sophisticated methodology, which assesses the weighted score of a provider’s top performing options across the 25 consumer profiles used for our Star Ratings.

Canstar’s Superannuation Star Ratings uses our unique ratings methodology, which considers investment performance, fees and product features across a number of superannuation products. Each eligible superannuation product reviewed is awarded points for its historical investment performance after fees and the array of features attached to the product.

In addition to being eligible for inclusion in our Star Ratings, a superannuation product must also be available nationwide in order to be considered for our Outstanding Value Award.

Congratulations to the Award winners

(Winners are listed alphabetically)

Australian Retirement Trust

Outstanding Value – Superannuation Award

Formed through the merger of Sunsuper and QSuper in 2022, Australian Retirement Trust is a new recipient of Canstar’s Outstanding Value Award for Superannuation in 2025. The combination of its strong investment performance and competitive fees are key factors distinguishing itself as a provider of outstanding value.

Australian Retirement Trust’s MySuper lifecycle product, which automatically adjusts members’ investment mix as they age, underwent some changes in 2024 so that members will keep more of their money in growth assets, such as shares, for longer. The new investment strategy’s outperformance over the past seven years has contributed to the product’s strong performance across the underlying star ratings.

AustralianSuper

Outstanding Value – Superannuation Award

AustralianSuper has retained its Outstanding Value Award for Superannuation again in 2025, with the achievement attributed to consistently providing strong historical returns and competitive fees. Its Balanced investment option achieved a five-star rating across all age and balance profiles, with the exception of the 60s age profile at a $30,000 balance, where it secured a commendable 4-star rating. 

As Australia’s largest super fund, AustralianSuper provides its members with a range of features, including a diverse selection of investment options, ranging from pre-mixed portfolios managed by the fund, to opportunities for members to exert full control over their investments.

Aware Super

Outstanding Value – Superannuation Award

Aware Super has once again been recognised with Canstar’s Outstanding Value Award for Superannuation in 2025. The fund’s MySuper product is a lifecycle strategy, adjusting members’ investment mix from High Growth up to age 55, and then gradually taking on more defensive assets as they approach retirement age.

This fund’s historical investment returns are among the strongest in the market for members aged in their 20s through to their 50s. As members transition into Balanced and Conservative Balanced investment options in their 50s and 60s, returns moderate, however, these options remain a strong, more defensive choice for members.

HESTA

Outstanding Value – Superannuation Award

HESTA has retained its Outstanding Value Award for Superannuation for a second consecutive year in 2025, driven by its high returns and competitive fees. Its Balanced Growth investment option has consistently performed well across all 25 underlying star ratings profiles.

Where other superannuation options may take a more risk-averse approach leading up to retirement age, HESTA’s continued focus on balanced investment growth allows members to continue growing their super balance even beyond retirement age.

Hostplus

Outstanding Value – Superannuation Award

Hostplus Super has once again received the Outstanding Value Award for Superannuation in 2025. The fund continues to achieve strong investment returns over the historical period alongside competitive fees and a high level of features, demonstrating Hostplus Super’s ability to deliver outstanding value to members. 

The fund has shown resilience in its ability to deliver robust returns during both favourable and challenging market conditions, allowing its MySuper Balanced investment option to secure a five-star rating in all 25 underlying consumer profiles.

UniSuper

Outstanding Value – Superannuation Award

UniSuper has retained its Outstanding Value Award for another consecutive year in 2025, recognised for its strong historical performance and competitive fees.

Unlike many lifecycle funds that become more risk-averse as members near retirement, UniSuper’s MySuper product maintains a consistent return target across all ages. This approach has contributed to some of the strongest investment returns in the market for members in their 60s.

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About Canstar

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About: Josh Sale, Group Manager, Research & Ratings

Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)

Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.

As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.

Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.

Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.

You can follow Josh on LinkedIn, and Canstar on Twitter and Facebook.