Some 13,000 Mercy Super members and their assets have moved to industry fund HESTA in a recently-completed merger, bringing the total funds under management to almost $70 billion.

HESTA will also continue to build on its presence in Queensland, with most of Mercy Super’s employees joining HESTA and the retention of the on-site location at Mater’s South Brisbane Hospital campus to continue providing on-the-ground support for members.

HESTA is the industry fund originally dedicated to the health and community services sector.

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