NGS Super To Merge With UCSuper

Non-Government Schools Super (NGS Super) will merge with Uniting Church Superannuation Plan (UCSuper), Investor Daily reports. The merger will form a combined group with $4.4 billion in assets under management and 102,000 members.

The merger process is expected to be completed by March 2012. NGS Super is seeking to expand itself into a $6 billion fund with 120,000 members.

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