AustralianSuper merges with Westscheme

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AUSTRALIA - Australia's largest pension fund AustralianSuper has planned to merge with Westscheme to form a A$40bn ($40.2bn) fund with 1.7 million members.

Westscheme members will use AustralianSuper's size, security and expertise to maximise returns for its members, said AustralianSuper. Westscheme members and most of AustralianSuper's Western Austra...

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