Industry funds gear up for brand transformation post-merger

Mine Super and TWUSUPER, expected to finalise their merger by mid-2024, will unite under a new name - Team Super.

Mine Super chair Christina Langby and TWUSUPER chair Nick Sherry said the name Team Super not only honours the combined industry heritage of both funds - energy and mining workers - but also signifies a continued commitment to serving these sectors.

"The new profit-to-member industry fund will focus on growth across the industry sectors, while improving the best outcomes possible for members," Langby and Sherry said.

"Team Super reflects the vision of a genuine merger, with the opportunity for future merger partners which reflects the true 'team' approach, with an ongoing focus on growth in a particular industry or workplace sector."

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Meanwhile, Mine Super and TWUSUPER announced plans to provide more details early next year on their merger progress.

In September, the funds cemented their commitment by signing a successor fund transfer deed and appointing Vasyl Nair, the current chief executive of Mine Super, to helm the merged entity.

The two funds first announced they were exploring a merger in December 2022, saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds."