Cbus Super Signs MoU with EISS Super on Potential Merger for 2022
Posted on 12/23/2021
Cbus Super, Australia’s major construction industry super fund, and NSW energy industry super fund EISS Super, have signed a Memorandum of Understanding (MoU) to complete a merger in 2022.
Cbus is the fund for workers who build Australia. With A$ 67 billion in funds under management. EISS Super Chairman Peter Tighe said based on discussions to date and the comprehensive proposal put forward by Cbus as part of EISS Super’s tender process, partnering with Cbus will ensure its members’ interests continue to be protected in the long term.
