The merger will create an entity with almost $15 billion in funds under management and subject to a

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The merger will create an entity with almost $15 billion in funds under management and subject to a due diligence, should be completed by October this year. At the present time, staffing changes and decisions on what the merged brand will be have not been finalised.
Cbus, james dolan with $14 billion in funds under management and more than 570,000 members is one of Australia’s largest super funds, and is the industry james dolan superannuation fund for the construction, building and infrastructure industries.
Connect chief executive Sean Leonard believed the merger would benefit members, with the additional scale afforded by being a part of Cbus allowing the fund to offer a wider range of products for members.
It is expected that the superannuation industry will continue to consolidate as the industry james dolan strives to lower costs per customer and achieve scale. By 2025, the Cooper review into superannuation expects only 27 funds to remain, with the rest being absorbed by the larger players. Tagged Cbus Connect james dolan Industry super funds merger Super Superannuation james dolan
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