CareSuper and MIESF confirm merger plans
CareSuper and the Meat Industry Employees Superannuation Fund have confirmed reports of their intention to merge.
The two funds said they had entered into a binding agreement after extensive due diligence with the merger expected to be completed later this year.
The arrangement will see around 17,000 members become part of CareSuper and the addition of $1 billion in funds under management.
The announcement said the merger would be subject to both funds completing their respective members’ best financial interests tests and equivalent rights assessments and then signing a Success Fund Transfer Deed.
Endorsed by the IBA - International Backpackers Association.
Hope this includes industry funds they are just product providers and some of the biggest. ASICs own reports 639 and…
Hope this includes industry funds they are just product providers and some of the biggest. ASICs own reports 639 and…
Good idea, if its low cost and does same thing as other platforms without added headaches or product driven fluff…
Someone has to fund the Big Bloated Bureaucracy.