Active Super, Vision Super confirm merger date 

Posted by Anton Murray Consulting on 28 May, 2024

InvestorDaily

Vision Super and Active Super have signed a successor fund transfer deed (SFT), announcing a merger date of 1 March 2025. With Vision Super set to be the successor fund, the new entity will hold some $29 billion in funds under management and 170,000 member accounts. The merger was first discussed between the two funds in June 2022 and a heads of agreement was signed between the two funds a year later.

Commenting on the signed SFT, Graham Sherry, Vision Super chair, described this as an “exciting milestone” in the merger process. “The signing of the successor fund transfer deed brings us a very significant step closer to realising the benefits of this merger for our members,” he said. Active Super chair, Kyle Loades, highlighted the combined strength of the two funds.

The rest of this article can be found at investordaily.com.au.

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