Mercer Super investment chief departs
Top Mercer executive Corrin Collocott has quit the firm after just nine months to join an insurer.
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Top Mercer executive Corrin Collocott has quit the firm after just nine months to join an insurer.
Australian super savings are bouncing back with the best performing funds seeing double-digit growth during the last financial year. SuperRatings has revealed the top 10 funds for the year to June.
A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super.
Australian retirement savings have had the worst year since the Global Financial Crisis in 2008 with 18 of the 20 best performing superannuation funds suffering a loss in 2022.
Lutheran says the merger will be through a successor fund transfer in the fourth quarter of this year.