RATINGS AGENCIES

Westscheme is aware that it is rated by:

Westscheme is also included in Selecting Super/Rainmaker surveys, but is not rated by this agency. Westscheme has not paid the Heron Partnership, ChantWest or Selecting Super/Rainmaker for any services.
As far as Westscheme is aware these agencies use different criteria and methodologies to issue their ratings. 

SuperRatings

Westscheme has paid SuperRatings for the following services:

  • 2005/06 - $22,500 for access to its super fund and industry online information database.
  • 2006/07 - $24,600 for a crediting rate survey subscription* and a benchmarking report on how Westscheme’s products and services compare with those offered by other superannuation funds**.
  • 2007/08 - $19,800 for a crediting rate survey subscription* and to be able to display the Platinum ratings in Westscheme publications**.

*This permits Westscheme to report its ranking in SuperRatings’ Fund Crediting Rate Surveys in Westscheme publications.     

** Subscribers to SuperRatings’ benchmarking services do not pay a fee to display the rating logo.  

For more information on the range of criteria that SuperRatings use to rate funds, you can visit www.superratings.com.au. 

There is no additional cost to members for the SuperRatings services as all costs are covered by the Administration Fee.  Westscheme’s 2007 Member Satisfaction Survey confirmed that its clients are interested in knowing how the Fund rates.