Retail Employees Superannuation Trust

Rest Allocated Pension

No. of members: 1760742
Fund size: $54.2b
Public offer:
Product type: Industry-Allocated Pension
Target market: -
Year started: 2002
Past 5-year return
5.22%
Admin fee

$68

Calc fees on 50k

$493

SuperRatings awards
Past 5-year return
5.22%
Admin fee

$68

Calc fees on 50k

$493

SuperRatings awards

Pros and Cons

Pros and Cons

  • Low fees including no commissions paid to advisers, planners or accountants.
  • Access to non-commission based financial advice with members first call free.
  • Support available including CSM support, regular national seminars and factsheets.
  • Online facility with option of online statements, newsletters, product details and educational information.
  • Member online access to update personal details and carry out transactions.

Summary

Rest Super was established in 1987 to provide for the retirement needs of members employed within the retail industry. The fund is a public offer fund and allows members from all industries to apply for membership. The fund was nominated as a finalist for the 2020 Momentum award. Rest Allocated Pension was established in 2002, with a minimum initial investment of $10,000 required to commence membership.Rest Allocated Pension offers an investment menu of 6 diversified options and 9 single sector options. The Core Strategy outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are lower than the industry average across all account balances assessed. There is no switching fee, although a buy-sell spread may apply.The fund offers a good level of pension flexibility, with members able to select from fortnightly through to yearly payment frequencies. Members can also select from reversionary pension and non-binding lump sum death benefits.The fund offers a range of discounts through various providers, including AIA's Vitality program for improving and maintaining health, as well as a mobile app which provides essential details for easy transfer between employers. Members may also contact the virtual agent, "Roger", to have their account related queries answered at a time that is convenient to them.

Features and Fees

Rest Fees and Features

    Pros and Cons

    • Low fees including no commissions paid to advisers, planners or accountants.
    • Access to non-commission based financial advice with members first call free.
    • Support available including CSM support, regular national seminars and factsheets.
    • Online facility with option of online statements, newsletters, product details and educational information.
    • Member online access to update personal details and carry out transactions.

    Rest Super was established in 1987 to provide for the retirement needs of members employed within the retail industry. The fund is a public offer fund and allows members from all industries to apply for membership. The fund was nominated as a finalist for the 2020 Momentum award. Rest Allocated Pension was established in 2002, with a minimum initial investment of $10,000 required to commence membership.Rest Allocated Pension offers an investment menu of 6 diversified options and 9 single sector options. The Core Strategy outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are lower than the industry average across all account balances assessed. There is no switching fee, although a buy-sell spread may apply.The fund offers a good level of pension flexibility, with members able to select from fortnightly through to yearly payment frequencies. Members can also select from reversionary pension and non-binding lump sum death benefits.The fund offers a range of discounts through various providers, including AIA's Vitality program for improving and maintaining health, as well as a mobile app which provides essential details for easy transfer between employers. Members may also contact the virtual agent, "Roger", to have their account related queries answered at a time that is convenient to them.

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    Rest Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      CAPITAL STABLE
      PROPERTY
      CASH
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      Product
      Past 5-year return
      Admin fee
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      Calc fees on 50k
      Features
      SuperRatings awards
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