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Following the Heads of Agreement to pursue a merger and the announcement of a CEO and Board to oversee the merged fund, Bernard Reilly, CEO of the merged fund, has announced appointments to the executive team.
You can read about the executive team here.
The appointed executives have the right mix of expertise and experience to deliver outstanding services, greater efficiencies and lower costs for the merged fund’s 2 million members and their $200 billion in retirement savings.
The Chief People Officer and Chief Financial Officer have already commenced in their roles to work on the integration planning phase of the merger.
All other appointments to the merged fund’s executive team will be effective from the merger date.
Until the merger date, executives at both funds will continue in their existing roles, delivering for our members, and working on the integration planning phase of the merger as needed.
There is no immediate change to the investment philosophies, strategies or options of QSuper and Sunsuper as a result of this announcement. Both QSuper and Sunsuper have delivered strong, long-term returns for members. The appointed Chief Investment Officer will now work to combine the strengths of both funds’ to best deliver for the merged fund’s combined membership.
Read more about QSuper’s investments
Read more about Sunsuper’s investments
Both QSuper and Sunsuper see climate change as a material financial risk that we consider in making investment decisions and appointing investment managers. Both funds’ investment strategies include a commitment to aligning our investment portfolios with net-zero emissions by 2050 on the basis that it will promote members’ financial interests. The merged fund’s approach to ESG will be one of the key areas of focus for the appointed Chief Investment Officer.
Read more about QSuper’s current climate change policy.
For more information about the proposed merger, to read answers to frequently asked questions or to learn more about what a QSuper and Sunsuper merger could deliver, visit our information hub.
The executive team that will lead the future Qsuper/Sunsuper merged fund has been announced.
Along with a Heads of Agreement to pursue a merger, the Trustees of QSuper and Sunsuper have announced a CEO and Board to oversee the merged fund.
QSuper and Sunsuper have officially merged to create one of Australia’s largest super funds. We explain what it means for members.
Following announcements last year, we are pleased to announce that the QSuper Board and Sunsuper Pty Limited have signed a Heads of Agreement to confirm our intention to merge and create a $200 billion superannuation fund open to all Australians.