WebAug 23, 2024 · By Nick Hedley. Melbourne-based Mercer Super Trust, which has about A$30 billion (US$20.6 billion) under management and is part of the New York-listed Marsh McLennan group, has agreed to absorb Lutheran Super, a fund with A$680 million (US$467 million) in assets.. Tighter regulations have pushed up administrative costs and sparked a … WebAug 23, 2024 · Lutheran Super and Mercer Super are to merge and the successor fund transfer is expected to take place in Q4 2024. Lutheran Super has $700m in assets under management and 5,700 members including 300 pensioners.
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