Team Super and TWUSUPER continue to make significant progress towards their merger which will see the two funds unite in early 2025.
As the planning process continues, here’s more information about the implementation of the merger with TWUSUPER.
To support the merger, Mine Super rebranded to Team Super on Monday, 20 January 2025.
To support a successful merger, it’s important to reflect the history and values of both funds, as well as providing a strong foundation for future growth. One of the ways we can achieve this is with a new name and brand. While Team Super reflects a new chapter for the Fund, we remain deeply committed to the mining industry and continue to offer insurance that meets the needs of miners. As Team Super, we champion Australian workers’ retirement outcomes in the mining, transport and energy sectors.
Mine Super rebranded to Team Super on Monday, 20 January 2025.
Members should always use the latest versions of our forms and factsheets, which are available via our website, our Contact Centre, Team Super Financial Advice or one of our regional offices.
Old Mine Super forms will continue to be accepted for 30 days from 20 January 2025, except for new member applications forms, which need to be the Team Super version.
If you have any Mine Super branded material, you should dispose of this.
The merger is expected to be completed in early 2025. We'll keep members informed as we progress.
A combined fund will be larger; and increased scale means we can further enhance our products and services, deliver greater investment opportunities and likely, lower fees.
Team Super (formerly Mine Super) is the successor fund which means TWUSUPER members will join the Team Superannuation Fund.
Members can’t vote on the merger, with the decision to merge made by the Trustee of the Mine Superannuation Fund (now named Team Superannuation Fund). Whilst all Board Directors are required to represent the best financial interests of all members, there are currently four member nominee Directors from the Mining and Energy Union (MEU), along with four employer nominee Directors from NSW Minerals Council and Queensland Resources Council. There is also one Independent Director nominated by the Trustee.
TWUSUPER has similar values to Team Super with a shared commitment to support positive retirement outcomes for workers. TWUSUPER was established in 1984 and is one of the newer industry funds of the modern superannuation system.
As we work through the merger process, there is nothing for Team Super members to action; so there’s no need for things like ‘re-joining’ the fund. Down the track, if members are required to do anything regarding their account with Team Super, they’ll be given notice.
Team Super will continue to service and support members from a number of regional office locations where our members reside, in addition to the Newcastle-based Contact Centre, delivering regular pit-top talks and being present at industry and community events.
You should ensure our Fund name in your system/s is updated to Team Super, to ensure your employees’ pay slips reflect the updated Fund name. The new Fund details are as follows:
Trustee name –Team Super Pty Ltd.
Fund name –Team Superannuation Fund.
There is no change to our ABN, ACN, AFSL and USI.
Any Fund information that employers provide to their staff should be Team Super branded. Any Mine Super branded material should be disposed of, and not be shared with your employees. This includes PDSs, factsheets, forms (incl. the Super Standard Choice form) and posters, among others.
For any new starters, you should provide them with the new Team Super version of the Super Standard Choice form within 28 days of them starting employment, which is available here (PDF). Please ensure you destroy any old versions of this form.
We’ll continue to communicate key milestones to our members via email and on our website. As a member, it’s important your email address is up to date and you can check this by logging into your online account. Haven’t registered for online account access? It’s easy to do – just follow these steps.