Watch a brief video update from our CEO Ross Piper:
Here is a transcript of the video:
“I have previously communicated that Christian Super has been exploring merger opportunities. You may have heard that APRA (the regulator for super funds in Australia) imposed some additional licence conditions on Christian Super late last year, which require us to merge with another fund. Whilst these conditions didn’t change our strategic direction, they did introduce a timeline that has accelerated our work in this area.
We are approaching the end of the first stage of the timeline, which was to identify a merger partner. And I look forward to sharing further details on this with you very shortly.
To answer any questions you may have in the interim, we have created a Frequently Asked Questions (FAQs) page about the merger on our website. We will also send you regular updates throughout any transition process.
While we are excited about this next chapter in Christian Super’s story, we understand that some members may have mixed feelings about the Fund merging. I want to assure you that this decision is the result of a robust process which considered the best financial interests of our members, the collective wisdom and discernment of Christian Super’s Board, and a great deal of prayer. If you have any questions at this stage of the process that we haven’t answered on our FAQs page, please contact our Member Care Team.”
CEO, Christian Super