Rest Superannuation Review
The Retail Employees Superannuation Trust (Rest Super) is an Australian industry superannuation fund established in 1988.
Rest, although a retail industry super is open to anyone to join.
Rest Super was established in 1988, and is amongst the largest super funds by membership, with more than 1.9 million members. Rest also manages $77 billion in retirement funds.
All prices / returns quoted as of 30 June 2023 unless otherwise stated.
Rest Super is run by a trustee company called Retail Employees Superannuation Pty Limited, with a board of eight directors. Four directors are nominated on behalf of employees by the Shop Distributive and Allied Employees Association and four nominated on behalf of employers and employer associations.
Rest Super invests globally and their allocation depends on the investment option chosen. Rest Super Invests in a wide range of Australian and international shares, infrastructure alongside exposure to property, debt and cash.
Rest Super’s MySuper default Core Strategy super fund saw a 10 year return of 7.2% p.a.