Vision Super chief executive Stephen Rowe said he was pleased to announce the merger of the two funds.
“This consolidation will allow Vision Super to reduce operating and regulatory costs, which will benefit our members,” said Mr Rowe.
“The merger is one of many projects we have underway to increase efficiency and simplify the way we operate,” he said.
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Vision Super said the decision to merge was “based on an assessment that equivalent rights will be delivered to members”.
The super fund said the trustees signed off on the merger after consulting with APRA.
