The merger is scheduled for 1 October 2014 and will provide an aligned investment product to all 25,000 members of the combined fund, many of whom are ministers and Christian full-time workers.
Christian Super chief executive Peter Murphy said the merger will enable the fund to grow strategically and organically.
“Our membership will increase by 20 per cent and the demographics of our members will also change, moving towards a younger membership,” said Mr Murphy.
“This is largely due to the composite of churches within the Australian Christian Churches movement that has a high proportion of younger Christians.”
Australian Christian Super director Scott Haslem said the decision to merge with Christian Super occurred after many months of discussion.
“It makes sense given the strong values alignment, particularly through ethical investment,” said Mr Haslem. “Our members will benefit in the areas of fees and insurance.”
