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.
If CSLR is the ‘last resort’ please tell us ASIC what measures have been taken before you hit innocent advisers…
ASIC, So who do you think are going to pay your $200m in fines when this lot can’t even pay…
When, oh when, are you going to do an analysis of "wholesale only" advisers who are NOT on the FAR…
I’ve just paid the $1,295 CSLR levy, and honestly, I’m frustrated that my hard-earned money is being used to cover…
Just remind us again how much money a super trustee spent on their 40th birthday party using member funds? What…