AustSafe Super and Sunsuper will be merging by early 2019.
The combined fund would make it one of Australia’s biggest superannuation funds, with more than A$58 billion ($43.3 billion, €36.9 billion) in funds under management and 1.4 million members.
In May 2018, Sunsuper successfully completed its merger with Kinetic Super, which brought Sunsuper’s membership to more than 1.3 million members and A$55 billion in funds under management.
Platinum subscribers may click here for SunSuper full profile, including key contacts, allocation strategy and fund investments.