Cbus, EISS Super finalise merger
EISS Super's 17,000 members have combined with Cbus, which now manages more than $80 billion in retirement savings.
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EISS Super's 17,000 members have combined with Cbus, which now manages more than $80 billion in retirement savings.
Payments company Tyro remains in talks with Potentia about a takeover, but says the outlook is getting more gloomy for consumer spending.
Cbus Super has become a $54 billion superannuation fund after completing a merger with EISS Super.
Superannuation funds keep merging, on the basis that bigger is better for members. But our research suggests this isn’t necessarily true.
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