VicSuper Wins Chant West Best Fund Longevity Product For 2016

Profit to member fund VicSuper is pleased to announce that it has been awarded the Best Fund Longevity Product at the Chant West awards dinner last night in Sydney. 

The award recognises VicSuper’s innovative approach of providing a Retirement Income Solution for members heading towards or in the retirement phase of their life. 

With retiree funds under management set to almost double to 40% in 2017, VicSuper recognised that a suite of products to choose from in retirement was essential. In 2015, VicSuper announced a new partnership with Challenger, which saw VicSuper become the first super fund in Australia to provide an integrated annuity offer to its members. 

By introducing two new products backed by Challenger’s guaranteed term and lifetime annuities, VicSuper is helping members protect against longevity risk and provide a reliable income stream in retirement. 

VicSuper’s in-house financial planning team uses a range of products to create ‘layers’ of income. The partnership with Challenger will help VicSuper expand its post retirement income solutions suite by providing new, innovative products to help diversify the risks that members face.

Michael Dundon, VicSuper’s Chief Executive, has said “We are extremely pleased and honoured to have received this award. The fund has set out many goals and gained great achievements over the past 12 months, particularly in the retirement income space, and we will continue to improve our systems and efficiencies to deliver the best possible outcome for our members”

Thanks to every member of the VicSuper team for their continued hard work and dedication.”

The Chant West Awards acknowledge and recognise superannuation funds that have stood out in the industry by showing skills of innovation and demonstrating excellence, to drive the ultimate goal of improving the financial outcome for their members during retirement.

Profit to member fund VicSuper is pleased to announce that it has been awarded the Best Fund Longevity Product at the Chant West awards dinner last night in Sydney. 

The award recognises VicSuper’s innovative approach of providing a Retirement Income Solution for members heading towards or in the retirement phase of their life. 

With retiree funds under management set to almost double to 40% in 2017, VicSuper recognised that a suite of products to choose from in retirement was essential. In 2015, VicSuper announced a new partnership with Challenger, which saw VicSuper become the first super fund in Australia to provide an integrated annuity offer to its members. 

By introducing two new products backed by Challenger’s guaranteed term and lifetime annuities, VicSuper is helping members protect against longevity risk and provide a reliable income stream in retirement. 

VicSuper’s in-house financial planning team uses a range of products to create ‘layers’ of income. The partnership with Challenger will help VicSuper expand its post retirement income solutions suite by providing new, innovative products to help diversify the risks that members face.

Michael Dundon, VicSuper’s Chief Executive, has said “We are extremely pleased and honoured to have received this award. The fund has set out many goals and gained great achievements over the past 12 months, particularly in the retirement income space, and we will continue to improve our systems and efficiencies to deliver the best possible outcome for our members”

Thanks to every member of the VicSuper team for their continued hard work and dedication.”

The Chant West Awards acknowledge and recognise superannuation funds that have stood out in the industry by showing skills of innovation and demonstrating excellence, to drive the ultimate goal of improving the financial outcome for their members during retirement.