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Hostplus and Statewide Super sign Heads of Agreement

The trustee boards of Hostplus and Statewide Super have signed an exclusive Heads of Agreement, an important milestone in the merger process currently being undertaken by both funds.

A successful merger between these long-standing, well-established profit-for-member Industry superannuation funds is intended to create a significantly broader, multi-sector, national fund anticipated to have over 1.4 million members, 258,000 contributing employers and more than $90 billion in funds under management1.

Hostplus and Statewide Super have previously advised that their boards had initiated merger discussions following a detailed competitive assessment conducted by Statewide Super’s trustee, followed by a period of consultation with Hostplus. This assessment determined that the funds’ respective members, contributing employers and associated communities would realise scale benefits and a number of other anticipated benefits from a combined fund. 

The funds will now commence reciprocal due diligence to confirm that a merger is in the best interests of their members, with a view to the trustee boards moving to then execute a Successor Fund Transfer Deed with the aim of completing the merger during the second quarter of 2022.

This is an internal Hostplus assessment / estimate based on the projected combined membership, contributing employers and funds under management (as at 1 April 2022) following the completion of mergers with Intrust Super and Statewide Super.

This website is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68657495890198. Hostplus Self-Managed Invest (SMI) is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Pooled Superannuation Trust (PST) ABN 13 140 019 340. It contains general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS) or Hostplus SMI PDS before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at You can view detailed disclaimers here. Hostplus has engaged Industry Fund Services Limited (IFS) ABN 54 007 016 195, AFSL 232514 to facilitate the provision of personal financial advice to members of Hostplus. Advice is provided by financial planners who are Authorised Representatives of IFS. Fees may apply for Comprehensive Financial Advice, further information about the cost of comprehensive advice is set out in the relevant IFS Financial Services Guide, a copy of which is available from your financial planner. Hostplus has engaged Link Advice Pty Ltd ABN 36 105 811 836, ASFL 258145 to facilitate the provision of limited personal financial advice to members of Hostplus via the web-based product Super Adviser.