Updates on LGIAsuper and Energy Super merger

Energy Super and LGIAsuper logos

This page lists the updates we have published on the progress of LGIAsuper's merger with Energy Super, which is planned for 1 July 2021.

19 May 2021: LGIAsuper Board and Executive team from 1 July 2021

Following the planned merger of LGIAsuper and Energy Super, a new Board and Executive Leadership Team have been selected to drive our fund from 1 July 2021.


15 April 2021: Energy Super and LGIAsuper merger: frequently asked questions

We’ve answered some of the most common questions on our planned merger. Find out more about the reasons for merging, our shared vision for the future, and the potential benefits for members.


10 March 2021: Kate Farrar to lead merged Queensland superannuation fund

With the planned merger of LGIAsuper and Energy Super just over three months away, the funds’ Boards have announced that Kate Farrar, current LGIAsuper CEO, has been appointed to lead the merged organisation from 1 July 2021.


21 December 2020: Update on LGIAsuper and Energy Super merger plans

The merger between LGIAsuper and Energy Super has progressed to the next stage, with LGIAsuper and Energy Super’s boards approving for the deal to proceed to completion on 1 July 2021.


7 October 2020: LGIAsuper and Energy Super enter merger discussions to explore benefits to members

LGIAsuper has announced it is in the initial stages of exploring a potential merger opportunity with fellow leading Queensland profit-for-member superannuation fund, Energy Super.

 

We're here to help

If you have any questions about our planned merger with Energy Super, please contact us on 1800 444 396.

Processing timings during merger with Energy Super

Between 1 July and 12 July 2021, there will be delays to transaction processing, as follows:

  • Earning rates will not be declared on 2 July 2021. Contributions and investment switches effective for Friday 2 July 2021 will be processed with an effective date of Monday 5 July 2021.
  • Earning rates will not be published on LGIAsuper’s website. They will be applied retrospectively and you will be able to view them once they are available.
  • Once earning rates are available, processing will resume and contributions, rollovers, full and partial benefit withdrawals received during this period will be progressively processed. Any contributions and investment switches will be processed according to the applicable effective date.
  • Pension account members with a fortnightly payment due on 6 July 2021, will still receive their scheduled payment using the last available earning rate.
  • During this period, only urgent transactions, such as financial hardship payments and pension income payments will be made. If you have an urgent claim during this period, please contact us on 1800 444 396 as it may be possible for you to access part of your benefit.

Timings may change during this period. This page will be kept updated with the latest information.