As you may have seen in the media, Perpetual Limited has entered into an agreement to sell The Trust Company’s superannuation trustee business called ‘The Trust Company (Superannuation) Limited’ (TTCSL) to the Diversa Group. Diversa Group is a listed financial services firm who currently operate a corporate trustee business called ‘Corporate Combined Superannuation Limited (CCSL)’. CCSL is the corporate trustee of 16 superannuation funds, which will increase to 31 after the sale is complete on 1 September 2014.
We are in contact with both Trustees and are currently developing a strategy to ensure the transition is a smooth as possible. Any required administrative changes resulting from the change in Trustee will be undertaken by AMG and the Trustee. AMG account holders will not be impacted by the change.
If you have any questions please feel free to contact me directly on 07 3228 2676.