Joint venture with Catholic Super to provide greater scale
Superannuation | 20/09/2019 |
1 min read
The boards of Equip and Catholic Super have this week confirmed the funds’ ground-breaking joint venture.
It is a watershed decision that will deliver improved capability and benefits to our members and employers for years to come and strengthen our position among Australia’s leading superannuation funds.
These future benefits of the joint venture’s greater scale will include enhanced capacity to build on their heritage of strong investment performance and improving their ability to deliver an outstanding member experience and greater financial freedom for members in retirement.
Our members and employers will continue to enjoy the service from the brand they know and love, Equip Super.
With due diligence completed, the Equip and Catholic Super funds will operate under a single trustee effective from 21 October 2019, subject to the final regulatory approvals from the Australian Prudential Regulation Authority (APRA) being received.
The funds will provide more information on the joint venture’s progress after this date.