MINE SUPER AND TWUSUPER SUCCESSFULLY COMPLETE MERGER

Media release | Date Posted 21 March 2025

The final stage of the merger between Mine Super and TWUSUPER to form Team Super has been successfully completed.

This merger brings together two strong, industry-driven funds after nearly three years of merger readiness activities, including Mine Super’s recent rebrand to Team Super in January 2025.

Of the milestone, the Team Super Co-Chairs, Christina Langby and Nick Sherry, provided a joint comment:

"Today marks a momentous step in the journey of Mine Super and TWUSUPER. With the completion of the merger, we now begin our next exciting chapter as Team Super where we can realise greater benefits for our members and continue to help them achieve the retirement they deserve”.

“The combined strength of our Fund - both in terms of size and expertise - enables us to go from strength to strength, whilst retaining our deep commitment to the industries we support”.

Team Super CEO, Vasyl Nair says “In preparation for the merger, we have undertaken significant transformation to enhance our product range, migrate to a new custodian as well as outsource our administrator and re-platform, all to support our journey in being a member first fund of the future”.

In preparation for the merger, the Fund has revitalised its Executive team with a series of internal promotions and external appointments adding further strength to the management group, with new blood bringing considerable domain knowledge to retirement and growth portfolios. This reaffirms Team Super’s commitment to sustainable growth in the industry and an enhanced focus on helping members retire with confidence through new tools, education and advice.

As a result of the merger, Team Super has increased in both scale and FUM, with approximately 150,000 members and $22 billion in funds under management.