Statement from Mercer Super 

26 June 2026

Mercer Super acknowledges and apologises that it fell short of its obligations under the reportable situations regime.

The agreed facts submitted to the Federal Court shows these shortcomings were not deliberate and that Mercer Super did not financially benefit from them. There is no allegation of financial or non-financial loss to members in relation to this matter.

To address the issue, we have made important investments across Mercer Super, putting in place additional personnel, and improving our processes, systems, and technology.

The penalty will be paid by Mercer and not by the super fund or its members.