The Trustee always has Qantas Super’s members’ best financial interests at heart, and this has never been truer than when the decision was made to begin exploring merger options. As the current stewards of a super fund that has taken care of generations of the Qantas family for over more than 80 years, it’s our responsibility to ensure that members today and in the future are taken care of.
As we embark on this process, we want to keep you informed at each stage of the process and answer your questions.
The work so far
Since the announcement about exploring merger options on 25 September 2023, our CEO Michael Clancy and several Directors have met with various unions who count Qantas Super members among their own membership, to discuss the reasons why we are undertaking this process. We’ve also communicated with our various service providers and the Australian Prudential Regulation Authority (APRA – the Government regulator that supervises financial institutions). All of these exchanges have been useful for the Trustee and we’re listening carefully to the feedback we’re receiving.
The Trustee Board also decided to create a new Merger Committee to guide the management team throughout this process; the Merger Committee is comprised of our Chair John Atkin, and Directors Lorraine Berends, Luke Murray, Klair Safier, and Richard Garner. The Merger Committee met for the first time on 9 November 2023.
Answering your questions
We thought we’d share with you the top 5 questions that have been raised with us since the Trustee has announced that we’re exploring merger options and our answers to these:
We look forward to sharing more updates with you as we continue this important process. We continue to update our website with information and FAQs here.