Media release | Date Posted 18 December 2023
Mine Super and TWUSUPER are pleased to announce that in 2024 the two funds will merge together under the new name Team Super.
The announcement of the Team Super name is another significant milestone in the proposed merger between the two funds which remains on track to be completed by mid 2024.
Mine Super Chair, Christina Langby and TWUSUPER Chair, Nick Sherry commented:
“The name Team Super reflects the existing industry base of both funds – transport, energy and mining workers, and a deep ongoing commitment to the history and service to these sectors”.
“The new profit-to-member industry fund, will focus on growth across the industry sectors, while improving the best outcomes possible for members”.
“Team Super reflects the vision of a genuine merger, with the opportunity for future merger partners which reflects the true ‘team’ approach, with an ongoing focus on growth in a particular industry or workplace sector”.
Mine Super and TWUSUPER will provide a further update on the progress of their proposed merger early next year.
For Mine Super media enquiries, contact
Jack Gordon | jgordon@citadelmagnus.com | 0478 060 362
For TWUSUPER media enquiries, contact
Nick Lucchinelli | nick@hortonadvisory.com.au | 0422 229 032 or Brian O’Neil | bconeil@prx.com.au | 0411 055 284
About Mine Super
Established in 1941, one of the first industry superannuation funds with an ongoing commitment to its mining heritage. Mine Super is an open offer superannuation fund which manages over $12.5 billion on behalf of its 55,000 members and continues to be a strong supporter of workers in the mining and related industries.
About TWUSUPER
Established in 1984, one of the first new industry funds of the modern system, to provide superannuation to workers in the transport industry. TWUSUPER manages $6.5 billion, including $400 million invested in transport infrastructure around Australia, with 99,000 members.