Apex Group inks deal with Mercer’s Super administration business

The news: Global financial services provider Apex Group has entered into an agreement with Mercer as part of efforts to strengthen its presence in Australia.

The transaction is subject to approval from the Australian Competition and Consumer Commission and the Foreign Investment Review Board and is expected to be finalised by the end of the first quarter of 2026.

The context: As part of the agreement, Apex Group will execute a lift-out arrangement to onboard Mercer’s standalone superannuation administration operations, enabling Apex to integrate Mercer’s administration and operational teams into its business to enhance service delivery and continuity for clients.

What they said: "Australia offers strong growth potential for us. The superannuation technology and servicing sectors are a key strategic focus for Apex Group, and by combining innovative technology with high-quality service, we are committed to delivering market leading superannuation administration to funds and their members," Apex Group CEO and founder Peter Hughes said.