TelstraSuper to merge with Equip Super.

TelstraSuper, an Australian superannuation fund, agreed to merge with Equip Super, a profit-to-member superfund providing financial advice and retirement income accounts. Financial terms were not disclosed. "The agreement to merge follows a rigorous assessment by the Trustee Board of a variety of merger options that were available to TelstraSuper. This coming together signifies a new chapter of growth, strength, and enhanced services for both Funds' members. With shared values, strong defined benefit experience, and a passion for financial advice, we look forward to building a united Fund in the best interests of members," Anne-Marie O'Loghlin, TelstraSuper Chair.