More than 110,000 members and 12,000 employers across the printing, media, entertainment and arts industries are set to benefit from the merger.
Gerard Noonan, current Chair of JUST SUPER, will become Chair of Media Super, and Ross Martin, current Chief Executive of PRINT SUPER, will become Chief Executive.
“Media Super is a memorable, yet simple name which traverses the broad membership. We consulted widely with members on potential names and found that Media Super resonated right across the membership - from paper makers to journalists, printers to actors,” said Noonan.
"Both PRINT SUPER and JUST SUPER have been closely involved with the industries in which our members work. As Media Super, we will continue to offer superannuation services that cater for the particular needs and challenges of those industries,” said Noonan.
Both funds have worked diligently over the past 12 months to ensure a smooth transition for members and employers and, importantly, a fund structure that delivers real benefits.
“Over the past 20 years both funds have consistently delivered low-cost, strong performing superannuation benefits to their members. Media Super will unite the complementary industries JUST SUPER and PRINT SUPER currently serve, and build on that very strong foundation,” said Martin.
“The resulting economies of scale will deliver benefits to members of both funds, particularly over the long-term. This should mean low fees, improved investment opportunities and enhanced products and services,” said Martin.