Merger is just super for print and media staff

Superannuation funds Print Super and Just Super merge to form Media Super.

With 110,000 members and 12,000 employers across the printing, media, entertainment and arts industries will have access to Media Super. As part of the merger, which takes effect on 1 July, Gerard Noonan will become chair of Media Super, and Ross Martin will be chief executive.

Noonan said that there were obvious synergies between the two companies, and that it made sense to merge. "Both Print Super and Just Super have been closely involved with the industries in which our members work," he said. "As Media Super, we will continue to offer superannuation services that cater for the particular needs and challenges of those industries."

Both funds have worked diligently over the past 12 months to ensure a smooth transition for members and employers, while also being able to offer a fund structure that delivers benefits.

"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."