Active Super and Vision Super have signed a Memorandum of Understanding (MOU) to explore a potential merger.
Both funds have delivered strong investment returns and share a commitment to responsible investment. We are also of a similar size and share a common history as super funds servicing current and former local government employees and employers in our respective states of NSW and Victoria.
By exploring this potential merger we have an opportunity for greater resources to provide services, as well as potential lower costs and fees for members. Should a decision be made to merge, it will be in the best financial interests of members.
You do not need to take any action and we remain committed to continuing to provide quality services to our members. We will keep you informed as we progress.
Members can also call the Member Care Centre on 1300 547 873 or +61 2 9333 3000, weekdays between 8.30am and 6.00pm or seek information through the online chat service.
If you would like to know more, please refer to our FAQ.
Any advice on this website is general only and has been issued by LGSS Pty Limited (ABN 68 078 003 497) (AFSL 383558), as Trustee for Local Government Super (ABN 28 901 371 321)(‘Active Super’). The advice does not take into account your personal objectives, financial situation or needs. Before making a decision about the product, you should consider the appropriateness of the product having regard to these matters and the relevant PDS and TMD available at www.activesuper.com.au or by calling us on 1300 547 873. If you would like advice that takes into account your personal circumstances, please contact a financial adviser.
Active Super has engaged Industry Fund Services Limited (ABN 54 007 016 195) (AFSL No 232514) (IFS) to facilitate the provision of financial advice to members of Active Super. Advice is provided by one of IFS’ financial planners who are Authorised Representatives of IFS. Fees may apply. Further information about the advice services that can be provided is set out in the relevant Financial Services Guide, a copy of which is available for download at www.activesuper.com.au or by calling 1300 547 873. IFS is responsible for any advice given to you by its Authorised Representatives.