West Australian-based industry fund, Concept One is to merge with WA Super.
Super Review has had it confirmed that the decision to move towards a merger had been signed off today after around four months of negotiations between the two funds.
The merger will confirm WA Super’s status as the dominant superannuation entity in Western Australia.
The Assistant Treasurer has reaffirmed the government’s commitment to strengthening retirement outcomes, consumer protections and cyber resilience in superannuation.
The industry super fund has advanced reconciliation efforts with a new initiative focused on improving outcomes for First Nations members.
The regulator has announced fresh legal actions in relation to the Shield and First Guardian fund failures.
The Gateway Network Governance Body has unveiled a detailed roadmap to guide the superannuation industry through the upcoming Payday Super reforms.