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Rest Super

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Rest Super
Company typeIndustry superannuation fund
Founded1988; 36 years ago (1988)
ProductsSuperannuation
AUM$80 billion[1][2]
Websiterest.com.au

Rest Super (formally Retail Employees Superannuation Trust)[3] is an Australian industry superannuation fund established in 1988. It is one of Australia's largest superannuation funds by membership, with around 1.9 million members as at June 2022. Rest currently manages more than $80 billion in funds.[2][4][5]

Governance

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Trustee

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Rest Super is run by a trustee company, Retail Employees Superannuation Pty Ltd, 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.

Fund Administrator

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The fund administrator of Rest is currently AustraliaBloombergn Administration Services (AAS), a superannuation administration company based in Rhodes. AAS is part of the Link Group of companies. REST has worked with AAS since 1992, providing full administrative and call-centre services.

References

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  1. ^ "About REST". Rest Super. Retrieved 24 October 2020.
  2. ^ a b "About Us". Rest Super. Retrieved 24 October 2020.
  3. ^ "The Trustee for RETAIL EMPLOYEES SUPERANNUATION TRUST". superfundlookup.gov.au. 1 November 2014. Retrieved 11 December 2024.
  4. ^ Bainbridge, Amy (10 September 2024). "More Australian Pension Funds Ramp Up Climate Investments". Bloomberg News. Retrieved 11 December 2024.
  5. ^ McKean, Andrew (21 October 2024). "Rest Super Names Interim Co-CIOs". Chief Investment Officer Magazine. Retrieved 11 December 2024.
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