Fund administrator Apex will integrate Mercer’s superannuation administration operations in Australia.
The strategic lift out enhances Apex’s presence in a market where it currently serves more than 800 funds.
Peter Hughes, CEO and founder of Apex Group said: “The superannuation technology and servicing sectors are a key strategic focus for Apex Group, and by combining innovative technology with high-quality service, we are committed to delivering market leading superannuation administration to funds and their members”
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The transaction, which is subject to regulatory approval, is expected to complete around the end of the first quarter of 2026.
