HESTA named Best Balanced Super Product for 2021
HESTA makes its first appearance in the top five this year with its sustainable growth option. ESG (environmental, social, and corporate governance) products have tended to do well during COVID-19.
According to HESTA chief executive Debby Blakey, sustainable returns have been outstanding this year and interest in ESG has increased.
"Really it's about driving the outcomes for members," she says.
"We speak very specifically about our purpose being to make a real difference to our members' financial futures. We have a framework to measure each member's outcomes and readiness for retirement."
HESTA recently launched a member portal, which has been a big help for members. It is digitising advice where possible.
Other strong performers in this category are UniSuper and AustralianSuper.