Super merger moves into next phase
Mine Super and TWUSUPER have confirmed their merger talks have moved into the next phase, having executed a Heads of Agreement.
If the merger is completed, it would create a fund with over 150,000 members managing close to $20 billion.
TWUSUPER Chair, Nick Sherry, and Mine Super Chair, Christina Langby, released a joint statement today reaffirming their commitment to all stages of the merger.
“Our funds share a strong heritage of member first values, and our vision continues to be aligned in creating a sustainable fund which protects and promotes the retirement savings of workers in the mining and transport industries,” they said.
With the merger expected to finalise in 2024, the next stages will be focused on planning for a smooth and seamless transition to the combined fund for all members.
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