HOW OUR WINNERS ARE CHOSEN

How we found the award winners for superannuation, managed funds, exchange traded funds, banking products and insurance

- ALEX DUNIN

Identifying Australia's best superannuation funds, managed funds, exchange traded products, banking products, insurers and online share brokers is no easy task. There are hundreds of product providers and thousands of their products, choices and options to assess.

Rainmaker Information, publisher of Money, has been reviewing super, managed funds and their investment managers for more than 20 years and this year we again led the reviews and assessments. Rainmaker also publishes The Good Superannuation Guide, The Good Investment Guide, The Good Financial Planning Guide, Financial Standard, Industry Moves and FS Sustainability. Reviewing each market segment requires a different approach, and here we describe how each segment was reviewed.

Superannuation

There are more than 500 super products offering tens of thousands of investment choices. Money's superannuation awards span best performance, best value and most innovative as well as those funds that deliver the best-value insurance.

To find the top-performing super products, Rainmaker reviewed MySuper products and asset classes that include growth, balanced, moderate (capital stable), equities, property, bonds, cash and ESG investment options. MySuper products are default flagship options used by most employees for their employer-paid superannuation. They are the cornerstone of most fund members' retirement savings, holding half of all the super owned by working Australians.

MySuper comes in two flavours: diversified single strategy products that spread your savings across all the major asset classes, and lifecycle products that invest your savings differently depending on your age.