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 $45 billion in funds under management as at 30 June 2017.
REST Super is an award-winning product with a MySuper offering. REST Super is open to all, with automatic life stage insurance cover (subject to eligibility).
REST Super members benefit from competitive fees and long-term performance, flexible insurance options and great customer service.
Product Inception Date
Unique Superannuation Identifier (USI): RES0103AU
Competitive long term performance - Core Strategy, the investment option for MySuper members in REST Super has returned 6.11%p.a. for the 10 years to 30 June 2017.
An award-winning product with a MySuper offering.
Run only to benefit members, REST pays no financial advice commissions or profit to shareholders.
Choice of 13 investment options.
Low administration fees - only $1.10 per week plus 0.1% pa of your account balance at the end of the month.
Default insurance options (subject to eligibility) including Death, Total and Permanent Disablement (TPD) and Long-term Income Protection.
Access to non-commission based financial advice.
Online access 24/7 for member account management and online employer payment system.
Binding beneficiary nominations.
Comprehensive and personalised communication, education and retirement seminars and regular reporting including online newsletters and interactive digital statements.
Great range of member benefits including discounted health and travel insurance, special banking offers and more.
Investment Option Descriptions
22% defensive, 78% growth mix of shares,bonds, property, infrastructure, alternative assets and cash. The Trustee reviews and adjusts the asset allocation for this option on a regular basis.assets. The Trustee reviews and adjusts the asset allocation for this option on a regular basis.
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.
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 www.rest.com.au/investments.
Investment Option Performance
Growth Asset Weighting
Asset weightings and performance as at 30 June 2017
* The allocation to growth and defensive assets for all options may vary from time to time within the ranges shown in the REST Super Product Disclosure Statement available at www.rest.com.au/pds. N/A applies to options running less than the indicated time periods. All returns are post investment management fees and tax. Returns for the three, five and ten year investment periods are annualised compound averages. Past performance is not an indicator of future performance.
Insurance Options Available
Death, Total and Permanent Disablement, Long-term Income Protection.
Extra Benefits Available
Access to financial advice, online account access, online investment switching, low cost banking, discounted private health insurance, discounted travel insurance and more.
Online member newsletters and investment updates, education and retirement seminars, online knowledge hub for super tips, videos and more, annual interactive digital statements
Access to Employer portal to pay super contributions and manage super accounts online, access to clearing house, newsletters, workplace seminars and visits, Employer Service Centre (1300 305 775)
Fees & Charges
Nil for the first withdrawal (regardless if full or partial) then $25 per withdrawal thereafter
Management Cost - ongoing fee
0.1% pa of your account balance at the end of the month
Management Cost - investment fee
From 0.05% pa to 0.7% pa (depending on the member's investment option for the year to 30 June 2017). These fees include performance fees of up to 0.18% (as at 30 June 2017)
Management Cost - member fee
Additional Adviser Servicing fee
Nil, however a fee (negotiated between the member and the adviser) may be charged if a person obtains personal financial product advice
Buy spread up to 0.36% (effective 1 October 2016) depending on investment option
Sell spread is 0.00%
Contribution splitting fee $60 per split
Family law split fee $50 per split
Competitive long-term performance refers to past performance which is not a reliable indicator of future performance.
Australian Administration Services
JANA Investment Advisers
State Street Australia
Allens, Clayton Utz, Corrs Chambers Westgarth, Hall & Wilcox, Herbert Smith Freehills, King & Wood Mallesons, Lander and Rodgers, Madgwicks, Minter Ellison, Norton Rose Fulbright Australia, Turks Legal, Gilbert and Tobin and Venables Lawyers.
Principal Contact REST Customer Service Centre
Member Telephone 1300 300 778
Employer Telephone 1300 305 775
Address PO Box 350, Parramatta NSW 2124
Member Email Online contact form via our website
Employer Email Online contact form via our website