Future Group marks new successor fund transfer

Future Group announced its Smart Future Trust will take on the GuildSuper and Child Care Super brands as the group continues to expand with another successor fund transfer (SFT).

From September 12, the Guild Retirement Fund will move into the Smart Future Trust. The GuildSuper and Child Care Super brands, which focus on the pharmacy and early learning sectors respectively, will remain as they are.

Future Group said members will experience minimal disruption as the SFT marks the latest step in group's strategy to consolidate fund operations behind the scenes, leveraging increasing scale to benefit members.

The move follows the SFT of the Future Super Fund, which sits behind the Future Super and Verve Super brands, into the Smart Future Trust in May 2025.

Future Group now has more than 400,000 members and manages some $14 billion in assets under management.

Future Group chief executive Simon Sheikh said: "As we grow, we can use that scale to reduce duplication, increase our negotiating power with service providers and continue investing in services and investment capabilities for members."

"This latest transfer builds on the successful SFT of the Future Super Fund into the Smart Future Trust last year. It is another important step towards a simpler and more scalable structure across Future Group."

Dollar-based administration fees are set to decline for GuildSuper and Child Care Super members from $72.80 to $67.60 per year.  Members will also gain access to a revised MySuper LifeStage approach with four age-based options and a refreshed Choice investment menu.

"GuildSuper and Child Care Super will retain the brands, member relationships and industry focus that make them distinctive, while benefiting from the scale and operating capabilities of a larger structure behind the scenes," Sheikh said.

In late 2023, Future Group entered the default super space with the acquisition of GuildSuper.

The deal with GuildSuper saw Future Group add about $2.77 billion in funds under management and 99,000 members.

This included members in Child Care Super, which also forms part of Guild Group's offering.

Future Group's superannuation brands also include Future Super, Verve Super and smartMonday.