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About the merger

If your question isn't here please don't hesistate to speak to our team via our contact us page or call 13 11 84 (8:00am - 6:30pm (AEST) Monday to Friday).

 

About the merger

 

Sunsuper and QSuper have signed a Heads of Agreement to merge and create a $200 billion superannuation fund with two million members.

The merger is on track to proceed on 28 February 2022 pending final regulatory approvals.

A Heads of Agreement confirms the intent or agreement of both funds to merge and includes detail around the major terms of the agreement and what the merged fund will look like. During integration planning, the funds will work together to agree the merged organisation’s structure and how operations will deliver material benefits to both fund’s members.

The merger is on track to proceed on 28 February 2022 pending final regulatory approvals.

Each board believes that signing the Heads of Agreement is in their members’ best interests. That is, both boards are confident that the Trustee of the merged fund will be able to deliver benefits to members — outstanding services, greater efficiencies and lower costs.

Open to all Australians, the merged fund will be unquestionably strong, with world-class capability and the scale that comes from a membership base of two million Australians and $200 billion in funds under management.

The merged fund will continue both Sunsuper’s and QSuper’s focus on working for members, not shareholders, aiming to deliver strong, long-term investment returns, and providing the tools and advice to help members feel on top of their super.

QSuper shares our focus on working for members, not shareholders, aiming to deliver strong, long-term investment returns, and providing the tools and advice to help members feel on top of their super.

In addition, both funds have simple and transparent fees, award-winning products and services, and proven investment philosophies.

The combination of Sunsuper’s national employer base combined with a commitment to partnering with external financial advisers, and QSuper’s public-sector heritage will create a diversified and resilient organisation.

The merger is on track to proceed on 28 February 2022 pending final regulatory approvals.

We now move to the integration planning phase of the merger.

Under the Heads of Agreement, both organisations will now work together to agree the merged organisation’s structure and how operations will deliver material benefits to both fund’s members, with the details to be shared with members of each fund during coming months.

We're now excited to introduce Australian Retirement Trust, the super fund that will be formed through the merger of Sunsuper and QSuper.

The merged fund will be headquartered in Brisbane, with a national presence.

 

Read more merger FAQs

Still have questions? Check out our other popular merger FAQs or speak to our team via our contact us page or call 13 11 84 (8:00am - 6:30pm (AEST) Monday to Friday)

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