Equity Trustees finalises acquisition of ZAS

The holding company for Equity Trustees, EQT Holdings, has announced that it has finalised the acquisition of Zurich’s Australian superannuation trustee, Zurich Australian Superannuation (ZAS).

The acquisition deal was signed on 25 February and completed on 21 March.

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ZAS is the superannuation trustee for the Zurich Master Superannuation Fund, which had approximately $1 billion in funds under trusteeship and 18,000 members across traditional, accumulation and pension products.

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