The super fund has announced the appointment of two non-executive board directors, effective 1 January 2023. Gemma Hooley and Bev Durston have joined Prime Super as non-executive board directors. The
AustralianSuper and LUCRF Super have signed a Successor Fund Transfer Deed (SFTD) and are on track to successfully complete the final step in their merger that takes effect on 3 June, 2022.
With J.P. Morgan forecasting superannuation funds could fall to less than 75, Super Review has collated the latest M&A activity in the space over the last six months.
Prepare for a year in flux with inflation a major concern and investors shuffling portfolios away from equities, toward fixed income and overseas expansion according to AustralianSuper's chief investment officer Mark Delaney.