Consolidation of the superannuation industry

Key researchers

Project background and aims

The Monash Centre for Financial Studies and Link Group have started a research agreement on the consolidation of the superannuation industry. The industry has witnessed a large number of mergers between super funds in recent years due to the competitive pressure on performance and fees, and costs. The Your Future, Your Super reform effective from mid-2021 puts further pressure on funds with underperforming products to improve their performance or merge with higher-performing funds. The research investigates whether mergers between superannuation funds in the last decade have improved member benefits and lower fees and costs.