Tasplan has announced a partnership with leading Tasmanian building construction company Fairbrother Pty Ltd that will see members of the Fairbrother Employee Retirement Fund have their super rolled over to Tasplan.

Tasplan Chair Naomi Edwards said Tasplan were thrilled to be aligning with another long-standing Tasmanian business to help them get the most out of their superannuation.

“We welcome the opportunity to work with Fairbrother and recognise the importance of preserving the 38-year heritage of the Fairbrother Employee Retirement Fund,” Ms Edwards said.

“By rolling their superannuation into Tasplan, Fairbrother employees can expect to continue to benefit from lower fees, as well as more investment options and financial advice and support from our team.

“We have a long relationship with Fairbrother and we are committed to providing the best value for their members by helping them look after their financial health now and into the future.”

The Fairbrother Employee Retirement Fund was formed in 1984 by Fairbrother to provide superannuation benefits to their employees, encourage long term employment relationships and provide a career path from recruitment to retirement.

The merge will see all members of the Fairbrother Employee Retirement Fund join Tasplan’s existing member base of more than 145,000, with over $18 million in retirement savings being transferred to Tasplan.

Ms Edwards said following Tasplan’s recent recognition for improving the value for members with the SuperRatings Rising Star 2018 Award, she was confident Fairbrother employees would benefit from the transition.

“We are committed to partnering with organisations who share the values of Tasplan and look forward to working with Fairbrother to best service their employees,” Ms Edwards said.