King & Wood Mallesons advised a merger between Mercer Australia and BT Super into the Mercer Super Trust to create a $65 billion superannuation fund along with Mercer agreeing to acquire the Advance A
Westpac has confirmed it signed a successor funds transfer with Mercer which will see its personal and corporate superannuation funds transferred to Mercer Super Trust.
Westpac and BT Funds Management have entered into a Heads of Agreement to merge BT’s personal and corporate superannuation funds with Mercer Super Trust, through a successor fund transfer.