EISS Super and TWUSuper confirm merger moves : vimarsana.com

EISS Super and TWUSuper confirm merger moves


Commenting on the move, EISS Super chief executive, Alexander Hutchison, said he believed the fund had an obligation to its members to consider the benefits of a potential merger and to proceed if it was in their best interests. 
“It is early days, but we are seeing a lot of potential benefits for members so a merger looks promising,” he said. 
For his part, TWUSuper chief executive, Frank Sandy, said that there appeared to be strong synergy between the funds operationally. 
“This merger can provide greater scale for both funds and has the potential to deliver cost savings to members across trustee services, administration and investments,” he said. 

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