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QSuper and Sunsuper to re-brand
QSuper and Sunsuper will be known as Australian Retirement Trust following the merger between the two superannuation funds.
Australian Retirement Trust would look after over $200 billion in retirement savings for more than two million members.
The QSuper brand would continue, as a part of Australian Retirement Trust.
Announcing the new brand, QSuper said it would also offer financial advice online or via telephone at no extra cost to the member.
The merger was scheduled to take effect from 28 February, 2022, subject to regulatory approval. However, this was several months later than planned as it had been due to complete in November 2021, which was already a revised date from September.
Don Luke, current chair of QSuper, would be chair of the merged fund and Bernard Reilly, current chief executive of Sunsuper, would be chief executive.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
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