Australia Post Superannuation Scheme Explores Being Merged into SunSuper
Posted on 03/27/2021
The Australia Post Superannuation Scheme (APSS) recently signed a non-binding agreement to explore a merger with SunSuper. Already, SunSuper and QSuper are planning to merge by September 2021. With 30,000 members, Australia Post Superannuation Scheme has A$ 8 billion in assets and has been closed to new Australia Post employees since 2012.
Currently, Sunsuper has some A$ 80.6 billion in assets under management, while QSuper has about A$ 120 billion.
