It was the third time in six years that QSuper has received this award which is given to the fund that offers the best value proposition for members.

QSuper also won Pension of the Year for the third year running and the Smooth Ride award for the second year in a row.

QSuper is Australia’s second-largest fund and was ranked number one for investment performance in the March quarter, at the height of the market volatility.

QSuper chief of member experience Jason Murray said the awards were an extraordinary honour and recognition of QSuper’s unrelenting commitment to deliver for its members through the good times and the tough ones.

“Many of our members are frontline workers. They do incredibly important jobs, but this year they were called upon to do the absolute extraordinary for all of us. Our gratitude to them drives us every day and we are delighted to be recognised for the success QSuper has achieved on their behalf.”

QSuper was also a finalist in the MySuper of the Year, MyChoice of the Year and the Net Benefit award categories.