In this year’s awards our experts compared hundreds of SMSF accounts so everyday Aussies can invest in their future with confidence. So if you’re looking for a great deal on your self managed super fund, then you’ve come to the right place to start your search.
A big congrats to AMP Bank who has secured the title of SMSF Bank of the Year. This year, AMP Bank impressed with their SMSF offerings, picking up a number of awards for SMSF No Strings Savings, SMSF Kick Start Savings and SMSF Term Deposit.
Offering a range of solid interest rates up to 1.85% for 5 years.
Unlimited free transactions from internet, phone, cheque, EFTPOS, AusPost deposit.
If you've just started out in the world of SMSFs then this is a great place to begin. This award was given to the best accounts for SMSFs looking to take advantage of market leading introductory rates, calculated on the total returns for the first 12 months of account ownership.
Ideal for those looking to manage their retirement fund with no special requirements, this award was given to the leading SMSF savings accounts where no conditions are required to receive the rate, introductory rate offers are also excluded.
AMP Bank, Australian Military Bank, Heritage Bank, IMB Bank, and ME
The winner of this category was identified with the best ongoing bonus savings rates for SMSFs, making it an ideal choice for those with a SMSF account they can deposit into regularly.
The winners named in this category were the financial institutions that consistently offer SMSF customers competitive interest rates across short, medium, and long term investments.
AMP Bank, G&C Mutual Bank, and Rabobank
Now in their ninth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
For the 2022 SMSF Accounts awards, we analysed 57 bank accounts issued by 37 Australian financial institutions.
“When looking after your own superannuation investments, having a long term plan is incredibly important. But it’s also important to make sure the building blocks you choose are all working in support of that plan," Mozo Experts Choice Awards Judge Peter Marshall said.
“Our awards have found the accounts that are more likely to offer the best rates on any cash component in your fund, whether that’s for a few weeks, months or years.”
For details on how we crunched the numbers and determined our winners, see the 2022 Mozo Experts Choice SMSF Accounts Awards methodology report.
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our Mozo Experts Choice SMSF Account Awards methodology report for more detailed information on how we performed product comparisons and determined the final SMSF Account Award winners for 2022.
We aim to include most SMSF account providers in the market in the Mozo Experts Choice Awards. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.
When you're comparing self managed super funds, it’s important to weigh up fund performance and the fees you'll pay against other factors such as risk, investment returns, services and insurance. Compare our winners list and see if our stand-outs are the solution for you.
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.
Please get in touch with us to discuss by email should you have any queries.