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.
The post HESTA completes merger with Mercy Super appeared first on Professional Planner.