HUB24 to take super trusteeship from EQT

Mike Taylor

Managing Editor/Publisher, Financial Newswire

21 January 2026

HUB 24 has delivered second half results clearly reflecting its clean-skin status amid the fallout from Shield and First Guardian while also announcing its decision to become the trustee of the HUB 24 Super Fund.

The company said it intended to transition the role of trustee of the superannuation fund into HUB24 Group which will conclude an agreement entered into with Equity Trustees (EQT).

The announcement noted that when HTFS Nominees Pty Ltd, the current trustee of the fund and a subsidiary of EQT Holdings Limited was appointed, an agreement between EQT and HUB24 was entered into providing a strategic option to enable HUB24 to acquire the trustee entity.

It said due diligence is underway.

EQT is currently in dispute with the Australian Securities and Investments Commission (ASIC) in the Federal Court over the regulator’s allegations of due diligence failures with respect to the Shield Master Fund.

The announcement of the trustee decision came against the background of HUB24 announcing record quarterly Platform net inflows of $5.6 billion, up 2% on the prior corresponding period and record half-year inflows of $10.7 billion, up 13%.

It said total funds under administration (FUM) had reached $152.3 billion as at 31 December, up 26% over the prior corresponding period.

The company’s announcement to the Australian Securities Exchange (ASX) said the strong momentum in the first half reflected continued opportunities for growth driven by ongoing demand for professional advice in addition to industry transformation.

The positive half-year announcement saw HUB24’s share price lift to over $104.