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NGS Super, QIEC Super to merge, creating A$10.3 billion fund

NGS Super and QIEC Super have plans to merge on Nov. 1, 2018, resulting in a A$10.3 billion ($7.9 billion) superannuation fund with approximately 125,000 members.
QIEC Super will retain its brand, but become a division of NGS Super.
The merger is pending regulatory approval, with both funds existing on separate platforms to meet member needs until they are integrated on a single platform on Oct. 1.
NGS Super has A$8.8 billion ($6.76 billion) funds under management and 100,000 members and QIEC Super has A$1.5 billion ($1.2 billion) funds under management with more than 25,000 members.

NGS Super, QIEC Super to merge, creating A$10.3 billion fund
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