The past 12 months has seen unprecedented merger activity across the super industry. We have witnessed increasing levels of regulatory reform and rising costs associated with the implementation of legislative changes. This trend is expected to continue and is driving industry consolidation.
In this environment, size and scale matter as they allow access to a more diverse pool of global investments, a broader range of services and lower investment and administration fees, which we expect will ultimately deliver a better outcome to our members and employers.
With this in mind, we want to act in our members’ best interests and be proactive by considering how we can achieve the benefits that size and scale can bring.