Mercer has announced two executive appointments following the completed merger of BT Super into Mercer Super Trust and welcomed 350 BT employees to the firm.
Mercer completed the merger last week to create a combined $63 billion superannuation fund. It had also completed the acquisition of Advance Asset Management to expand its investment multi-manager capabilities.
BT Super executives Andrew Wallace and Corrin Collocott had now joined the firm’s Pacific leadership team.
Wallace would be personal super and member experience leader in Mercer Super, responsible for leading the retention, growth, and development of Mercer Super’s personal super offering and member experience.
Collocott would be chief investment officer for Mercer Super and Multi-Sector and would also be deputy chief investment officer for Mercer in the Pacific and help ensure a smooth transition of the Advance Asset Management Limited funds into the Mercer investment framework.
Wallace would report to Mercer Super chief executive, Tim Barber, and Collocott would report to Mercer Pacific chief investment officer Kylie Willment.
Additionally, 350 BT Super and BT Investment Solutions had joined Mercer on 3 April.
David Bryant, president of Mercer Pacific, said: “The aim of the merger has always been about bringing the best of our organisations together to deliver better retirement outcomes for our members. Both Andrew and Corrin have a great deal of experience across the industry, and importantly, a shared purpose to make a difference in people’s lives.
“We are delighted to welcome BT Super and BT Investment Solutions colleagues to Mercer. Combining our expertise is just the beginning of a very exciting journey. I truly believe that the merger is a game changer for Mercer and the industry more broadly, as we set a new bar for retirement outcomes for Australians.”
