Apex Group to set to onboard Mercer’s superannuation administration operations
07 January 2026 Australia
Image: Taras Vyshnya/stock.adobe.com
Apex Group, a global financial services provider, has announced that it will be further strengthening its presence in Australia by executing a lift-out agreement to onboard Mercer’s stand-alone superannuation administration operations.
The firm says that this lift-out enables Apex Group to integrate Mercer’s experienced administration team and operational capabilities directly into its own business, enhancing service delivery and continuity for clients.
The transaction, subject to Australian Competition and Consumer Commission (ACCC) and Foreign Investment Review Board (FIRB) approval, is expected to complete around the end of the first quarter of 2026.
With 400 employees in Australia providing a range of administration services to more than 800 funds within the industry, Apex Group says that it has extensive local knowledge of the superannuation market.
Peter Hughes, CEO and founder of Apex Group, says: “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.
“We aim to expand our operations in Illawarra and across Australia, creating more opportunities for staff and increasing our presence.”
Antony Proksa, chief operating officer, Mercer Pacific adds: “Mercer’s decision to transition our stand-alone superannuation administration business aligns with our strategic objective to focus on growing our core wealth businesses in superannuation and investments, alongside Mercer Workforce Solutions and Mercer Marsh Benefits.”
The firm says that this lift-out enables Apex Group to integrate Mercer’s experienced administration team and operational capabilities directly into its own business, enhancing service delivery and continuity for clients.
The transaction, subject to Australian Competition and Consumer Commission (ACCC) and Foreign Investment Review Board (FIRB) approval, is expected to complete around the end of the first quarter of 2026.
With 400 employees in Australia providing a range of administration services to more than 800 funds within the industry, Apex Group says that it has extensive local knowledge of the superannuation market.
Peter Hughes, CEO and founder of Apex Group, says: “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.
“We aim to expand our operations in Illawarra and across Australia, creating more opportunities for staff and increasing our presence.”
Antony Proksa, chief operating officer, Mercer Pacific adds: “Mercer’s decision to transition our stand-alone superannuation administration business aligns with our strategic objective to focus on growing our core wealth businesses in superannuation and investments, alongside Mercer Workforce Solutions and Mercer Marsh Benefits.”
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