The assessment analysed 692 superannuation products in Australia, resulting in 29% of funds being rated AAA.
"Members in a AAA-rated fund can be confident their fund will deliver on its promises," said Alex Dunnin, executive director of research and compliance at Rainmaker Information.
"To achieve the AAA Rating, superannuation products are independently assessed to ensure they meet high standards across investments, fees, insurance, communications and more."
201 products were rated AAA in 2020, with a small decline due to fund mergers over the last 12 months.
54 superannuation funds have at least one AAA rated product. There are 178 superannuation funds currently in the market, according to Rainmaker Information.
Of the 198 AAA rated products, 149 are from not-for-profit funds and 49 are from retail funds.
"The past year has been a difficult time for many super fund members. Times like this call for super funds to hold true to their promise and focus on their core job - delivering for their members."
"Members meanwhile need to know they are in funds they can trust," said Dunnin.
While 187 products retained their AAA rating from 2020, there were 11 new products added to the AAA list, seen below.
AAA-rated products are eligible to be considered in Money magazine's annual Best of the Best Awards (Money magazine is a part of the Rainmaker Group of companies, along with Rainmaker Information).
Contact our Business Development team to make an enquiry or request a consultation to prepare for our AAA Quality Rating, Investment Leadership, Best of the Best and Consumer Finance Awards.
Ord Minnett, Count Financial and Industry Fund Services achieved the largest net growth in their number of financial advisers in 2022.
Investors may make more money if they invest in managed investment products that are in net outflows.