Teaming up to be stronger, together

To support a successful merger, it’s important to reflect the history and values of both Mine Super and TWUSUPER as well as providing a strong foundation for future growth. One of the ways we can achieve this is with a new name and brand. While Team Super reflects a new chapter for the Fund, we remain deeply committed to the mining industry and continue to offer insurance that meets the needs of miners. As Team Super, we’ll champion Australian workers’ retirement outcomes in the mining, transport and energy sectors.

Mine Super will rebrand to Team Super on Monday, 20 January 2025.

We’re committed to providing our members and employers with the same level of high quality service you’ve all come to expect from Mine Super. As part of our name change, there are a number of items which will be updated as outlined below.

The merger is expected to be complete in early 2025. We’ll keep members informed as we progress.

A combined fund will be larger; and increased scale means we can further enhance our products and services, deliver greater investment opportunities and likely, lower fees.

Mine Super is the successor fund which means TWUSUPER members will join the Mine Superannuation Fund.

Members can’t vote on the merger, with the decision to merge made by the trustee of the Mine Superannuation Fund. Whilst all Board directors are required to represent the best financial interests of all members, there are four union nominated directors from the Mining and Energy Union (MEU), along with four employer nominated directors from NSW Minerals Council and Queensland Resources Council. There is also one independent director nominated by the Trustee.

TWUSUPER has similar values to Mine Super with a shared commitment to support positive retirement outcomes for workers. TWUSUPER was established in 1984 and is one of the newer industry funds of the modern superannuation system.

As we work through the merger process, there is nothing for Mine Super members to action; so there’s no need for things like ‘re-joining’ the fund. Down the track, if members are required to do anything regarding their account with Mine Super, they’ll be given notice.

Mine Super will continue to service and support members from a number of regional office locations where our members reside, in addition to the Newcastle-based Contact Centre, delivering regular pit-top talks and being present at industry and community events.

• There will be no change to our phone number 13 64 63 and our Contact Centre will continue to be open from 8am to 6pm Monday to Friday.

• You can continue to engage with your Key Relationship Manager or contact us via our website.

• Our website will change to teamsuper.com however, our current web address will redirect to this new address.

• There will be no change to the address of our head office, or any of our regional offices.

You should ensure our Fund name in your system/s is updated to Team Super, to ensure your employees’ pay slips reflect the updated Fund name. As every system may be different, you should check when this change needs to be made. However, there are no legal consequences if the Fund name is not updated on 20 January 2025. The Fund details will change as follows:

• Trustee name – will change from AUSCOAL Superannuation Pty Ltd to Team Super Pty Ltd.

• Fund name – will change from Mine Superannuation Fund to Team Superannuation Fund.

• There is no change to our ABN, ACN, AFSL and USI.

Any Fund information that employers provide to their staff should be Team Super branded. Any Mine Super branded material should be disposed of post the rebrand to Team Super, and not be shared with your employees. This includes PDSs, factsheets, forms (incl. the Super Standard Choice form) and posters, among others.

For any new starters, you should provide them with the new Team Super version of the Super Standard Choice form within 28 days of them starting employment, which will be available on our website from 20 January 2025. Please ensure you destroy any old versions of this form.

If you’re using our online portal, QuickSuper, to pay super contributions to your employees, you can continue to do this as you currently do. There are no changes to member or employer account numbers.

We’ll continue to offer financial advice services to members. Mine Super Financial Advice will change to Team Super Financial Advice and the company providing this advice will change from Mine Super Services Pty Ltd to Team Super Services Pty Ltd. There is no change to the ABN and AFSL.