HESTA and Mercy Super Disclose Plans to Merge
Posted on 06/18/2022
HESTA Super Fund (HESTA) has announced plans to merge with Brisbane-based Mercy Super, adding 13,000 members and roughly A$1.7 billion to its funds under management. Mercy Super has been operating since 1962 providing benefits for employees of Brisbane’s Mater Hospital and other Sisters of Mercy organisations. With more than 930,000 members and A$68 billion in…