REST Pension


REST Industry Super is an industry super fund, operating since 1988 and run only to benefit members. It is one of Australia's largest industry super funds, with around 2 million members and over $42 billion in assets as at 31 December 2016.

REST Pension is an award-winning, tax-effective product which provides members with regular income payments. It offers a transition to retirement option, as well as an account-based pension for those who have fully retired.

REST members benefit from low fees, competitive long-term performance and great customer service.

Product Inception Date


Product Size

$3.21 million



Key Features

  • Competitive investment performance - Balanced option (REST Pension default investment option) has returned 6.38% for the 10 years to 31 March 2017
  • Run only to benefit members, REST pays no financial advice commissions or profit to shareholders
  • Choice of 13 investment options
  • Transition to retirement option
  • A range of beneficiary nomination options including reversionary and non-lapsing
  • Flexible pension payment frequency
  • Access to non-commission based financial advice
  • Comprehensive and personalised communication, education, seminars and regular reporting including online newsletters, interactive digital statements
  • Access to discounted health insurance, travel insurance and low cost banking

Investment Option Descriptions

Investment Options Description  Investment Return Objective
Core Strategy 22% defensive, 78% growth mix of shares, bonds (both Australian and overseas), property, infrastructure, alternative assets and cash. Aims to achieve a balance of risk and return by investing in both growth assets and defensive assets. The Trustee reviews and adjusts the asset allocation for this option on a regular basis. CPI + 3% pa over the long-term (rolling 10 year periods).
Structured options
Members can choose to invest from five structured options which are diversified across asset classes to match different investor needs. These options are multi-manager portfolios.
Cash Plus 100% defensive. Cash plus a small allocation to Defensive Alternatives. Aims to maintain the purchasing power of the funds invested by earning above cash returns while minimising the risk of any capital loss. Outperform Bloomberg AusBond Bank Bill Index over the short-term (rolling 2 year periods).
Capital Stable 62% defensive, 38% growth. Mainly invests in bonds (Australian and overseas) and cash, with smaller proportions of shares (Australian and overseas), property, infrastructure and alternative assets. Aims for a stable pattern of returns whilst maintaining low probability of a negative return in any one year. CPI + 1% pa over the medium-term (rolling 4 year periods).
Balanced 43% defensive, 57% growth. Invests in a mix of shares and bonds (Australian and overseas), property, infrastructure, alternative assets and cash. Aims to achieve a balance of risk and return by investing in approximately equal proportions of growth assets and defensive assets. CPI + 2% pa over the medium-term (rolling 6 year periods).
Diversified 22% defensive, 78% growth. Invests in Australian and overseas shares, property, infrastructure, alternative assets plus lesser amounts of bonds and cash. Aims for strong returns over the longer term by investing in a diversified mix of assets weighted towards shares and other growth assets. CPI + 3% pa over the long-term (rolling 10 year periods).
High Growth 7% defensive, 93% growth. Invests in Australian and overseas shares, property, infrastructure and alternative assets. Aims to maximise returns over the long-term by investing predominantly in growth assets. CPI + 4% pa over the very long-term (rolling 12 year periods).
Member-tailored options
Members who want to personalise their portfolio can choose from seven member-tailored options including Basic Cash, Cash, Bond, Property, Shares, Australian shares and Overseas shares. These can also be mixed in any combination and proportion to create a fully customised investment portfolio. For more information visit
Basic Cash 100% defensive. The portfolio will invest in deposits with, or short-term discount securities (bank bills and negotiable certificates of deposit) issued by, banks rated at least AA- at the time of purchase. It may also invest in short-dated debt issued and guaranteed by the Australian Commonwealth or State Governments. All securities will have a maximum term to maturity of three months. Match the return of the Reserve Bank cash rate target before tax and before fees over rolling 1 year periods.
Cash 100% defensive. A portfolio of securities with a low level of interest rate risk (12 months or less), including bank deposits, bank bills, commercial paper and floating rate notes, for example, residential mortgage backed securities. Perform in line with Bloomberg AusBond Bank Bill Index (before tax and after fees) over rolling 1 year period.
Bonds 100% defensive. A mixture of Australian and overseas debt securities issued by Governments, semi-government authorities and companies. Outperform the benchmark return (before tax and after fees) over rolling 2 year periods. The benchmark is calculated using the Bloomberg AusBond Composite 0+Yr Index, Bloomberg AusBond Inflation 0+Yr Index Citigroup World Government Bond Index (hedged) and Barclays Global Inflation linked Index (hedged).
Property 100% growth. Outperform both the Mercer /IPD Australian Pooled Property Index (before tax and after fees) over rolling 3 year periods and the 10 year bond rate plus 3% pa over rolling 5 year period.
Shares 100% growth. A mixture of Australian and overseas shares. Outperform the benchmark return (before tax and after fees) over rolling 3 year periods. The benchmark is calculated using the S&P/ASX 300 Accumulation Index and the MSCI All Country World ex-Australia Index in $AUD.
Australian Shares 100% growth. Outperform the S&P/ASX 300 Accumulation Index (before tax and including an estimate of imputation credits) over rolling 3 year periods.
Overseas Shares 100% growth. Outperform the MSCI All Country World ex-Australia Index in $AUD (before tax and after fees) over rolling 3 year periods.

Investment Option Performance

Investment Option* Growth Asset Weighting 1 year 3 years
5 years
(% pa)
10 years
(% pa)
Core Strategy 78% 12.72% 7.79% 10.66% 6.86%
Cash Plus 0% 2.77% 2.66% 3.24% 4.02%
Capital Stable 38% 8.55% 5.95% 7.34% 6.11%
Balanced 57% 11.11% 7.27% 9.19% 6.38%
Diversified 78% 13.99% 8.89% 11.50% 6.78%
High Growth 93% 16.07% 9.87% 12.85% 7.91%
Basic Cash 0% 1.84% 2.17% 2.52% n/a
Cash 0% 2.40% 2.60% 3.00% 3.97%
Bond 0% 4.51% 4.83% 5.75% 6.97%
Shares 100% 17.62% 10.36% 14.44% 6.27%
Property 100% 11.47% 11.03% 10.07% 6.55%
Australian Shares 100% 19.53% 8.91% 12.96% 6.87%
Overseas Shares 100% 15.49% 11.07% 15.53% 5.13%

Asset weightings and Performance as at 31 March 2017

* The allocation to growth and defensive assets for all options may vary from time to time within the ranges shown in the REST Pension Product Disclosure Statement available at  N/A applies to options running less than the indicated time periods. All returns are post investment fees and untaxed. Returns for the three, five and ten year investment periods are annualised returns. Past performance is not an indicator of future performance.

Extra Benefits Available

Transition to Retirement Facility, access to financial advice, online account access, online investment switching, low cost banking, discounted private health insurance, discounted travel insurance and more

Member Communications

Product information, investment performance, latest news and range of brochures, forms and guides available on REST website. Regular e-newsletters for subscribed members. Knowledge Hub for super videos and tips. Live Chat, Virtual Agent and call centre for member enquiries. Online calculators and digital advice tools, interactive digital statements, comprehensive education and retirement seminars

Fees & Charges

Establishment fee Nil
Contribution fee Nil
Withdrawal fee Nil
Termination fee Nil
Management Cost - ongoing fee A yearly asset-based fee is based on your account balance:
  • First $300,000 - 0.18% (yearly asset-based fee)
  • Next $500,000 - 0.12% (yearly asset-based fee)
  • Portion over $800,000 - 0.00% (yearly asset-based fee)

Yearly asset-based fee is capped at $1,140.

Management Cost - investment fee From 0.05% pa to 0.66%pa (depending on the member's investment option for the year to 30 June 2016). These fees include estimated performance fees of up to 0.26%pa (as at 30 June 2016).
Management Cost - member fee $65 pa
Management Cost - other Nil
Switching fee Nil, however a fee (negotiated between the member and the adviser) may be charged if a person obtains personal financial product advice.
Additional Adviser Servicing fee Nil
Other Buy spread range up to 0.47% (as at 31 March 2017) depending on investment option,
Sell spread is 0.00%
Family law split fee $50 per split
Fee Discounts See above Management Cost - ongoing fee

Competitive long-term performance refers to past performance which is not a reliable indicator of future performance.

Service Providers

Service Providers
Administrator Australian Administration Services
Asset Consultant JANA Investment Advisers
Auditor PricewaterhouseCoopers
Custodian State Street Australia
Lawyer Allens, Clayton Utz, Corrs Chambers Westgarth, Hall & Wilcox, Herbert Smith Freehills, King & Wood Mallesons, Lander and Rogers, Madgwicks, Minter Ellison, Norton Rose Fulbright Australia, Turks Legal, Gilbert and Tobin and Venebles Lawyers
$3.21 million
Product Membership
Principal Contact
REST Customer Service Centre
Member Telephone
1300 305 778
Locked Bag 5042 Parramatta NSW 2124
Member Email
Online contact form via our website
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