Ora

What is the new name for statewide super?

Published in Superannuation Fund Names 2 mins read

The new name for Statewide Super is Hostplus.

Since April 30, 2022, Statewide Super has ceased to operate under its original name, as it successfully merged with Hostplus. This strategic union means that all Statewide Super accounts were automatically transferred, and its members became part of the Hostplus superannuation fund.

Understanding the Merger

The transition of Statewide Super into Hostplus marked a significant event for its members and the broader superannuation industry. The objective of such mergers is often to leverage economies of scale, enhance services, and provide a more robust offering to members.

Key Aspects of the Transition:

  • Fund Integration: Statewide Super's operations and member accounts were integrated into Hostplus.
  • Automatic Transfer: Existing Statewide Super accounts did not require any action from members for the transfer to Hostplus.
  • Membership Continuation: Former Statewide Super members now hold membership with Hostplus, maintaining their superannuation savings within the new, larger entity.

Timeline of the Merger

The merger process culminated in a key date that solidified the change:

Aspect Status Before Merger (Pre-April 30, 2022) Status After Merger (From April 30, 2022)
Superannuation Fund Statewide Super Hostplus
Member Status Statewide Super Member Hostplus Member
Account Management Managed under Statewide Super terms Managed under Hostplus terms and conditions

For further details and to manage their superannuation, former Statewide Super members should now refer to Hostplus's official channels. You can find more information about Hostplus and its services on their official website: Hostplus.com.au.