Fund Company Update

QSuper and Sunsuper now known as Australian Retirement Trust

After the merger creating a $230 billion fund, QSuper and Sunsuper will be known as Australian Retirement Trust. The merger is due to be completed on 28 February 2022 once regulatory and board approvals.

Aware Super finalises merger with VISSF

The successor fund transfer has been completed by Aware Super to finalise the merger with the Victorian Independent Schools Superannuation Fund (VISSF). VISSF members are now part of Aware Super, supporting the primary and secondary schools sector and over 200,000 members. This is the third merger by Aware Super across the past two years, with the other two being with VicSuper and WA Super.

Easton renamed Diverger Limited

Easton Investments will now be known as Diverger Limited after shareholder approval at the annual general meeting. The change was due to Easton Investments no longer aligned with the revenue model, sub-brands or other core elements of the business. Diverger Limited is designed to reflect growth and the companies principles. All brands the company owns (GPS Wealth, Paragem, Merit Wealth, Knowledge Shop and TaxBanter) will not change branding.