The $10 billion entity emerging from the amalgamation of Australia’s Equipsuper Superannuation Fund and Vision Superannuation Fund will continue using the Vision brand, Financial Standard reports. The merged fund, which will have assets of about $9.6 billion and more than 170,000 members, is due to be launched in June 2012.
Equipsuper had $4.8 billion in assets and 55,000 members as on April 30, 2011. The operational teams from both funds are shifting their current offices as part of the on-going merger process.
Click here for the story from Financial Standard.