QSuper and Sunsuper to merge as 2nd largest superannuation fund

QSuper and Sunsuper Pty Ltd are gearing up for a merger that will create a $200 billion superannuation fund servicing two million members. 

SunSuper announced that the merger – which will see the new entity become the second-largest superannuation fund in Australia – is scheduled for September 2021. 

SunSuper CEO to lead new superannuation fund

The release advised that Sunsuper CEO Bernard Reilly will lead the merged entity, a move welcomed by Sunsuper chair Andrew Fraser and QSuper chair Don Luke. They said in a joint statement:

Bernard brings a global perspective, with a proven track record in leading large-scale enterprises in…