AustSafe Super to merge with Sunsuper

The combined superannuation fund will have more than A$58bn in funds under management.

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.

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