Employer Merger Hub

Our merger with Spirit Super is on track to bring together two industry super funds. The merged fund will take effect on 1 November 2024 and will be called CareSuper. We’re moving forward confidently to deliver even greater products, services and experiences for our employers and members.  

Merger information


Changes for employers

There will be some changes that we’ll need you to make which may include an early payment for Q1 2024/25 superannuation guarantee contributions.

Watch out for communications over the next few months as we keep you updated about the merger and what it means for your business.

Also, ensure your contact details are up to date for future updates. To update your details, call us on 1300 360 149.
 

Merger FAQs
What will the Successor Fund Transfer (SFT) date of 1 November 2024 mean for monthly/quarterly employer SG contributions?

The ATO legislative due date for Quarter 1 (1 July to 30 September 2024) is 28 October 2024.

There will be a Limited Service Period (LSP) prior to 1 November, which means employers may need to submit contributions for Quarter 1 (July to September) earlier if they want them to be received by the super guarantee contribution cut-off date.

Employers will receive further communication about these dates and what it means for them closer to the date.

Will employers still be able to use QuickSuper after the merge?

Yes, the merged fund will still provide a QuickSuper clearing house for CareSuper employers.

More information about what this means for employers will be sent closer to the date and information will also be available in the QuickSuper portal.

Employers should ensure that their contact details are up to date in QuickSuper.

What will the merger mean for employees that are CareSuper members?

CareSuper members will receive an individual written notification of the merger and a Significant Event Notice (SEN) closer to the date. 

Who can employers contact if they have any questions?

Employers can contact their Employer Relationship Manager (if applicable), call 1300 360 149 or email [email protected]

Merger information
Changes for employers

There will be some changes that we’ll need you to make which may include an early payment for Q1 2024/25 superannuation guarantee contributions.

Watch out for communications over the next few months as we keep you updated about the merger and what it means for your business.

Also, ensure your contact details are up to date for future updates. To update your details, call us on 1300 360 149.

Why are we merging?

Our merger with Spirit Super is on track to bring together two industry super funds. The merger will create a combined fund with more than 500,000 members and over $50 billion in funds under management, offering additional scale which will allow the fund to continue developing the best possible offer for our members and employers.

Both are highly regarded, award-winning and high-performing super funds who share a vision to leverage the strengths of each. After a significant amount of consideration and due diligence, we’re confident that it will serve our members’ best financial interests.

The merged fund is scheduled to take effect on 1 November 2024 and will be called CareSuper.

We’re moving forward confidently to deliver even greater products, services and experiences for our employers and members.

Who is Spirit Super?

Spirit Super (formerly the Motor Trades Association of Australia Superannuation Fund) was established in 1989, and merged with Tasplan in 2021. As a fund for hard-working Australians, with a focus on growing membership in regional Australia, Spirit Super has over 345,000 members and $27 billion in funds under management. You can find more information at spiritsuper.com.au.

Who will be the Chair and CEO of the new fund?

The combined fund will be chaired by Linda Scott, the current Chair of CareSuper and the CEO will be Jason Murray, current CEO of Spirit Super. Bringing together a leader from each of the funds reflects the close collaboration to date and the shared vision of the funds’ leadership.

Business as usual for members

For now it’s business as usual and there’s nothing members need to do.

Merging two funds can be a lengthy process and we want to keep members updated throughout, so we've compiled some questions and answers below with the most recent information. We’ll write to members closer to the date with details about the new fund.  

Links to previous merger announcements

CareSuper announces merger with Spirit Super (1 June 2023)
CareSuper and Spirit Super to explore merger (9 November 2022)

We’re here to help
This page will be continually updated as we progress towards the completion of the merger. If you need assistance or have any questions, contact your Employer Relationship Manager (if applicable), alternatively call us on 1300 360 149 or email [email protected].