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Transactions - MARCH 26, 2021

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APSS in merger talks with Sunsuper

by Andrea Zander

Sunsuper and Australia Post Superannuation Scheme (APSS) announced March 26 they will explore a merger.

A statement from APSS stated, “At the APSS, we are committed to delivering value for our members and have a long and proud tradition of doing just that. Over the past several months, we have been exploring ways to create an even stronger, more sustainable foundation for you to build and live a secure and comfortable retirement, while continuing to safeguard your APSS benefits. That has led us to enter into discussions with one of Australia’s largest and fastest-growing superannuation funds, Sunsuper, about a potential merger. Our aim with this proposed merger is to ensure that as a member, you will have a wider range of investment choices, services and advice to help you achieve your best retirement outcomes.”

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