Equip completes merger with Rio Tinto staff fund
Superannuation | 30/06/2017 |
3 min duration
The Equip and Rio Tinto Staff Superannuation Funds formally merged on 1 July 2017 to create a new $14 billion fund with over 75,000 members Australia-wide.
The merger marks the start of an exciting new journey for the members of the 'new' Equip, with the first tangible benefit of reduced administration fees slated for delivery on 1 October 2017.
The merger will deliver even more benefits that will help promote the future financial security and prosperity for members in the months and years ahead.
Among those will be more fee reductions as we take advantage of Equip's increased scale, as well as extending the reach and accessibility of our services to members right around Australia.
Members of the Equip Rio Tinto Fund will receive a letter confirming the successful transfer of their account into Equip in before the end of July and, later, will receive a formal exit statement from the trustee of their previous fund confirming their benefit as at 30 June 2017. If you are a former Rio Tinto fund member, you can still log into your account here.
For Equip members, the merger did not result in any change.
Welcome to all our new members!