Statement
14 August 2025
Mercer Super (Australia) Limited (MSAL) acknowledges the ASIC action.
The matter relates to breach reporting obligations that were introduced by ASIC in late 2021.
We have cooperated with ASIC during the investigation of this matter and are currently reviewing the claim.
We note that ASIC has expressly stated in its pleading that it does not allege that MSAL set out to deliberately mislead ASIC in respect of the matters set out in the claim.
About Mercer
Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realise their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.