Super fund mergers are the new normal: here’s why
Australia’s superannuation landscape is rapidly consolidating. Funds are merging to create scale, reduce costs and gain market share. But what does that mean for you as a member?
In 2025, some of the biggest super fund mergers include:
- Qantas Super merging with ART
- Vision Super in talks for consolidation
- Care Super and Mine Super preparing to combine
Mergers are often sold as a good news story. But the reality is more nuanced.
What happens to your super when funds merge?
When your super fund merges, here’s what usually changes:
- Fees: You might move to a new fee structure
- Investments: Your options may shift, with new default portfolios
- Insurance: Cover terms can change or be lost
- Transparency: Larger public funds can feel more generic
Super fund merger FAQs
Will I lose my defined benefit?
No. If you’re in a defined benefit scheme, your core entitlements are legally protected during a fund merger. However, administrative processes or how your benefit is managed may change.
Do I need to take action?
Usually no. Members are automatically transferred as part of a merger. But it’s a good idea to review your new fund’s fees, insurance, and investment settings to ensure they still suit your goals.
Can I switch to another fund?
Yes. You’re free to choose another fund, whether retail, industry, or SMSF. If your current fund no longer aligns with your goals after a merger, it may be worth comparing your options.
Compare your options
If you’re not sure about how your super stacks up, we’ve compared
- Australian Retirement Trust (ART)
- AustralianSuper
- Aware
- Colonial First State (CFS)
- Hesta
- HostPlus
- MLC / Insignia
- Mercer
- Rest
- UniSuper
Or learn what makes Stockspot Super different.
If you’re not sure if you want to move with retirement savings, along with your super fund merger, contact the Stockspot team to learn more about how we can help you to grow your superannuation.
