Australian Retirement Trust
 | |
| Industry | Superannuation |
|---|---|
| Predecessors | QSuper Sunsuper |
| Founded | 28 February 2022 |
| Headquarters | Brisbane, Queensland, Australia |
Area served | Australia |
Key people |
|
| Divisions | QSuper |
| Website | australianretirementtrust.com.au |
The Australian Retirement Trust (ART) is an Australian superannuation fund headquartered in Brisbane, Queensland. It has $230bn under management and over 2 million members, making it Australia's second-largest superannuation fund.[1][2]
History
[edit]The Australian Retirement Trust was founded on 28 February 2022 following the merger between Sunsuper and QSuper.[3] It was the largest superannuation fund merger in Australian history.[3]
On 30 April 2022, the Australia Post Superannuation Scheme (APSS) was merged into the Australian Retirement Trust.[4] In May 2022, Woolworths appointed the Australian Retirement Trust to manage its corporate superannuation services.[5]
On 21 February 2023, the Commonwealth Bank Group Super announced it had entered into a memorandum of understanding to pursue a merger with the Australian Retirement Trust.[6] In July 2024, Qantas announced it would merge its superannuation fund with Australian Retirement Trust.[7]
See also
[edit]References
[edit]- ^ "Biggest Merger In Super Industry Now Finalised". Australian Retirement Trust. Retrieved 23 March 2022.
- ^ Boyd, Tony (2 March 2022). "Six mega funds will tower over super". The Australian Financial Review. Retrieved 23 March 2022. (subscription required)
- ^ a b "About Australian Retirement Trust". Australian Retirement Trust. Retrieved 23 March 2022.
- ^ "Australia Post Super Scheme to merge with Australian Retirement Trust". Australian Retirement Trust. Retrieved 24 August 2022.
- ^ Vickovich, Aleks (5 May 2022). "Woolworths dumps $4b AMP super mandate". Australian Financial Review. Retrieved 24 August 2022. (subscription required)
- ^ "Commonwealth Bank Group Super to pursue merger with Australian Retirement Trust". Commonwealth Bank. Retrieved 28 February 2023.
- ^ Qantas super fund to merge with Australian Retirement Trust Sydney Morning Herald 17 July 2024