Today,two award-winning profit-to-member superannuation funds, CareSuper and Spirit
Super, have merged to create a new fund – CareSuper - with over 550,000 members and
$53 billion in assets under management.
As previously announced, former Spirit Super CEO Jason Murray is the new CEO of
CareSuper. Linda Scott, who’s been Chair of CareSuper since April 2022, has been
appointed Chair of the merged entity.
Jason Murray said:
“Our vision is to be Australia’s most trusted partner in retirement confidence through
exceptional care and connection.”
“And today marks an important forward step towards that vision for the 550,000 members
we’re privileged to serve. While the executives and staff at Spirit Super and CareSuper have
much to be proud of, our primary focus throughout the merger has been securing the chance
to deliver better value to our members.”
“We are proud to serve members from a diverse range of industries and geographies. We
pride ourselves on knowing our members’ needs and supporting them with personalised
care, excellent service, and an award-winning member experience. This will always be our
focus and is vital in helping our members grow their superannuation to retire with
confidence.”
Linda Scott, Chair of CareSuper, has paid tribute to departing directors from the Boards
of Spirit Super and CareSuper.
“The Boards of both our industry superannuation funds have worked collaboratively over the
past two years to achieve this significant transformation for our combined membership, and I
want to pay tribute to their diligence and service,”
“Departing from CareSuper are Robert Potter, Vanessa Seagrove, Merran Kelsall and Kathie
Sampson. From Spirit Super Rhonda O’Donnell, Susan Parr and Anne O’Donnell are leaving
the fund. On behalf of CareSuper, these directors go with our enormous thanks and best
wishes for the future.”
Media enquiries:
David Imber - 0413 274 204
[email protected]
Key Facts:
CareSuper is now a fund with over 550,000 members and $53 billion in assets under management.
About us:
Background: About CareSuper
CareSuper is an award-winning, profit-to-member industry super fund. Our vision is to be
Australia’s most trusted partner in retirement confidence through exceptional care and
connection. CareSuper provides super, retirement, and advice options when needed to help
members feel confident on their journey to, and through, retirement.
From 1 November 2024, CareSuper has merged with Spirit Super to form a fund with over
550,000 members and $53 billion in assets.
At CareSuper, the right balance is struck between being big enough to make a significant
impact, and small enough to provide personalised care, ensuring members always come
first.
CareSuper is a multi-industry super fund that is open to everyone and is committed to
offering innovative products, expert advice, and a unique active investment strategy which
helps deliver a smooth ride and strong long-term returns for members.
For decades, CareSuper has empowered hundreds of thousands of Australians to build
better super balances and retire with confidence.
CareSuper undertook a successor fund transfer to Spirit Super on 1 November, the fund has
re-branded to become the new CareSuper.
Contact details:
David Imber, 0413 274 204, [email protected]