Skip to Content

MLC's performance ratings & awards

It’s great to see that doing the right thing has paid off. We’re proud to receive the following awards and ratings for the MLC Super Fund products in recognition of our strong position in the superannuation and wealth market.

View the latest MLC performance update

Canstar 2025 - Outstanding value - Account Based pension Award logo

Canstar

Canstar 2025 Outstanding Value Award – Account Based Pension

MLC Masterkey Pension Fundamentals

Why we won

The Canstar Outstanding Value Account Based Pension Awards recognise the providers who have cumulatively performed to an exceedingly high standard across all growth asset allocation profiles.

See criteria here: https://www.canstar.com.au/wp-content/uploads/Canstar-2025-Account-Based-Pension-Award-Methodology.pdf

Canstar 2025 - Outstanding value - Account Based pension Award logo

Money magazine

Best of the Best Awards 2026
Best Growth Super Product 2026 – MLC Super Fund

 

Why we won

Money magazine’s Best of the Best awards have been reviewing superannuation for over 20 years. They look at thousands of products across hundreds of organisations to help Australians find the best-performing and most innovative products, as well as those that deliver the best value-insurance.

Growth sector products are placed by weighted ranking of their performance, taking into account performance over one, three, five and 10 years.  The MLC Aggressive option (formerly known as MLC Horizon 7 Accelerated Growth Portfolio) in the MLC Super Fund was awarded the Best Growth Super Product

Super Rating logo
Super Ratings Platinum 2026 MySuper logo
Super Ratings Platinum 2026 MyChoice Super logo
Super Ratings Platinum 2026 Pension logo

SuperRatings

2026
Platinum

MLC Masterkey Business

MLC Masterkey Personal Super

MLC Masterkey Super Fundamentals

MLC Masterkey Business Super - MySuper

MLC Masterkey Pension Fundamentals

Plum Super

Plum Personal Plan

Plum Super – MySuper

Plum Retirement Income

Why we won

Platinum: A "best value for money" superannuation fund that is well balanced across all key assessment criteria in a robust, secure and proven governance/risk framework. The seven main assessment components are: investments, fees and charges, digital and service, help and guidance, governance, insurance and qualitative overlay.1

5 Year Platinum Performance 2021-2026 logo
5 Year Platinum Performance 2021-2026

MLC MasterKey Super Fundamentals

7 Year Platinum Performance 2019-2026 logo
7 Year Platinum Performance 2019-2026

MLC MasterKey Business Super – My Super

MLC MasterKey Business Super

Plum Retirement Income

10 Year Platinum Performance 2016-2025 logo
10 Year Platinum Performance 2016-2026

Plum Personal Plan

Plum Super – MySuper

15 Year Platinum Performance 2011-2026 logo
15 Year Platinum Performance 2011-2026

MLC MasterKey Pension Fundamentals

20 Year Platinum Performance 2006-2026 logo
20 Year Platinum Performance 2006-2026

Plum Super

Chant West Super logo 2026

Chant West Ratings

Super 2025 – 5 Apples: Highest Quality Fund

MLC MasterKey Business Super

MLC MasterKey Personal Super

Plum Super – Corporate

Plum Super – Personal

Chant West Pension logo 2026
Pension 2025 – 5 Apples: Highest Quality Fund

MLC Masterkey Pension Fundamentals

Plum Retirement Income

Why we won

5 Apples: Highest Quality is the highest Chant West rating for a super fund. To earn 5 apples, a super fund must have scored highly across most of our key areas of assessment which include investments, member services, fees, insurance and organisation.2

Rainmaker AAA Quality Rating

2026
AAA Quality Rating

MLC MasterKey Business Super

MLC MasterKey Pension Fundamentals

MLC MasterKey Super Fundamentals

Plum Personal Plan

Why we won

A super fund achieve the AAA standard by demonstrating an ability to meet an exceptional standard of quality across a number of different criteria indicators.

These include - Administration, Communications and engagement, Extra services, Fees and charges, Insurance, Investments and Organisational strength.3

Heron quality star rating 2006-2026 logo

The Heron Partnership Quality Star Ratings

2026
5 Heron Quality Stars - 20 Years 2006-2026

MLC MasterKey Business Super

Plum Super

Heron quality star rating 2026 logo
5 Heron Quality Stars – Corporate Products

MLC MasterKey Business Super

Plum Super – Corporate Division

5 Heron Quality Stars – Retail Products

MLC MasterKey Business Super

Plum Super – Personal Division

Heron MySuper star rating 2026 logo
5 Heron Quality Stars MySuper

MLC MasterKey Business Super

Plum Super – Corporate Division

Heron top 10 insurance features 2026 logo
Top 10 Insurance Features – Corporate Products

MLC MasterKey Business Super

Plum Super – Corporate Division

Top 10 Insurance Features – Retail Products

MLC MasterKey Super Fundamentals

Heron top 10 investment features 2026 logo
Top 10 Investment Features – Corporate Products

MLC MasterKey Business Super

Plum Super – Corporate Division

Top 10 Investment Features – Retail Products

Plum Super – Personal Division

Why we won

The Heron Partnership awards Quality Star Ratings at 5 levels.4

5 Stars – Outstanding: 5 stars rating awarded to a superannuation product with a great depth of features and hence flexibility.
5 Stars – Outstanding: A superannuation product recognised for its depth and flexibility of features in its insurance offerings.5
5 Stars – Outstanding: Favourable weightings were given to key criteria that include the superannuation product’s multi-manager and default options, alternative managers, investment team, transaction costs and performance.5

The Canstar 2025 Outstanding Value Account Based Pension Award was received in September 2025 for MLC MasterKey Pension Fundamentals.

The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 (SuperRatings) a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, AFSL No. 421445. Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement, and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings use proprietary criteria to determine awards and ratings and may receive a fee for the use of its ratings and awards. Visit superratings.com.au for ratings information. © 2026 SuperRatings. All rights reserved.

The Heron Partnership (Heron) ratings are based on analysis of information such as product disclosure statements provided by third parties, as well as general market knowledge. Such information is considered to be accurate at the time a particular product is rated by Heron. However, Heron gives no guarantee or warranty and makes no representation as to the accuracy or correctness of any third-party information and accepts no responsibility for any inaccuracy or incompleteness in the third-party information provided to it. Heron makes no guarantee or warranty in relation to the investment component or rate of return of any product that it rates. The Heron ratings have been produced without taking into account an individual’s financial needs, circumstances and objectives. To the extent that the Heron ratings may constitute financial product advice, they are general financial product advice only, and any person should, before acting on such advice, assess the appropriateness of the advice having regard to their own financial situation and consult a licensed financial adviser before making any changes to their financial affairs. The reference to Heron and the inclusion of the Heron ratings logo has been authorised by Heron. The Heron ratings logo is a trademark of Heron. For details about The Heron Partnership’s ratings methodology refer to www.heronpartners.com.au.

The Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West rating (assigned February 2026) is limited to General Advice only and has been prepared without considering your objectives or financial situation, including target markets where applicable. The rating is not a recommendation to purchase, sell or hold any product and is subject to change at any time without notice. You should seek independent advice and consider the PDS or offer document before making any investment decisions. Ratings have been assigned based on third party data. Liability is not accepted, whether direct or indirect, from use of the rating. Past performance is not an indication of future performance. Refer to www.chantwest.com.au for full ratings information and our FSG.

 

1 https://www.lonsec.com.au/super-fund/wp-content/uploads/sites/3/2019/12/SR_MySuper-Methodology.pdf
2 https://www.chantwest.com.au/ratings/for-super-funds/
3 https://www.rainmaker.com.au/products/ratings-awards#products-solutions
4 https://www.heronpartners.com.au/quality-star-rating-levels
https://www.heronpartners.com.au/latest-quality-ratings