‘Rapidly changing’ super landscape driving mid-sized mergers in Australia

Merger mania in Australia’s superannuation industry has continued to rage on, with even well performing funds under pressure to jump on the bandwagon. Last week, Vision Super and Active Super were among the latest two funds to announce their intention to explore a merger that would form a A$26 billion ($18 billion) fund. Super mergers have been going on for years, resulting in behemoths such as the A$155 billion Aware Super, the A$245 billion AustralianSuper and the recently for…