AustralianSuper Explores Merger with Club Plus Super

Posted on 05/17/2021

Increasingly larger Australian superannuation funds are merging, trying to achieve economies of scale. AustralianSuper is exporing the benefits of merging with Sydney-based Club Plus Super. There are no timelines for coming to a conclusion. According to Club Plus Super, the two firms had signed a Memorandum of Understanding (MoU) after identifying AustralianSuper as having “strategic, cultural and operational alignment” to provide the best outcomes for members.

Keywords: Club Plus Superannuation Pty Limited.

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