Australian Unity and Lifeplan merger
Following the required regulatory and court approvals, the merger between Australian Unity and Lifeplan has been finalised and took effect from 31 August 2009.
As a result, Lifeplan’s members are now members of Australian Unity, with the Lifeplan investment bond business becoming part of Australian Unity Investments, which now has $7.5 billion in funds under management (as at 31 August 2009).
The Lifeplan name and products continue as a specialist business within Australian Unity Investments, based in Adelaide. It will include the existing Australian Unity investment bond business, making it the clear leader in the bonds market.
