13 November 2026
HESTA was last night recognised with the Net Benefit Award at the Super Fund of the Year Awards for the third consecutive year and sixth time in the past seven years.
Net benefit is the key driver to growing balances over time, reflecting investment earnings, after any fees, costs and taxes have been removed. It shows what is actually delivered to members’ accounts and is calculated based on historical returns.
HESTA's Balanced Growth, where most members are invested, and High Growth investment options have delivered average annual returns to members of 8.29% and 10.18% over the past 10 years to 30 June 2026*.
HESTA CEO Robbie Campo congratulated the team on the achievement, highlighting the fund's ongoing commitment to delivering strong retirement outcomes for its more than one million members, the majority of whom work across Australia's health and community services sector.
"This award recognises what matters most in driving higher balances for our members over the long-term, supporting them to retire on their own terms," Ms Campo said.
“Our members do critical work every day in caring for others, and we’re delighted to be recognised for the work we do in supporting their financial futures. The award spotlights the incredible work and commitment of our entire team in delivering positive outcomes for members.”
Super Review’s Super Fund of the Year Awards are held annually and recognise excellence across 22 group and two individual award categories, showcasing industry best practice and celebrating the achievements of funds.
The $107 billion profit-to-member fund HESTA was a finalist across seven categories, including MySuper Fund of the Year, Retirement Offering of the Year, Sustainable Fund of the Year, Lifetime Return, Member Education, Net Benefit, and Age Pension Optimiser.
Ends.
* All returns are net of investment fees and costs, transaction costs and taxes. Past performance is not a reliable indicator of future performance.
Information is current as at date of publication.