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Rest Super
Rest Super (formally Retail Employees Superannuation Trust) is an Australian industry superannuation fund established in 1988. It is one of Australia's largest superannuation funds by membership, with around 2 million members as at March 2025. Rest currently manages more than $93 billion in funds.McKean, Andrew (21 October 2024)"Rest Super Names Interim Co-CIOs" '' Chief Investment Officerbr>Magazine'. Retrieved 11 December 2024. Governance Trustee 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 The fund administrator of Rest is currently Australian Administration Services (AAS), a superannuation administration company based in Parramatta Parramatta (; ) is a suburb (Australia), suburb and major commercial centr ...
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Industry Superannuation Fund
An industry superannuation fund (or, simply, 'industry fund') are Australian superannuation funds that historically were established by Australian trade unions to manage retirement savings for workers in their industry. Funds other than industry funds are referred to as ' retail funds'. Most, though not all, industry funds are member of the sector peak body Industry Super Australia. Nevertheless, all industry super funds have operation from inception through a not-for-profit, mutual fund structure. All profits from fund operations are retained by the fund membership, a fact prominent in marketing campaigns run by the peak body. Formerly, specific industry funds could only be joined and contributed to by employees working in the establishing union's corresponding industry. Following reforms, most fund memberships are not restricted in this way, instead being 'public offer funds' regulated by the Australian Prudential Regulation Authority. For circumstances relating to their ...
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Superannuation
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "Defined benefit pension plan, defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "Retirement plans in the United States, retirement plan" and "Superannuation in Australia, superann ...
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Industry Superannuation Fund
An industry superannuation fund (or, simply, 'industry fund') are Australian superannuation funds that historically were established by Australian trade unions to manage retirement savings for workers in their industry. Funds other than industry funds are referred to as ' retail funds'. Most, though not all, industry funds are member of the sector peak body Industry Super Australia. Nevertheless, all industry super funds have operation from inception through a not-for-profit, mutual fund structure. All profits from fund operations are retained by the fund membership, a fact prominent in marketing campaigns run by the peak body. Formerly, specific industry funds could only be joined and contributed to by employees working in the establishing union's corresponding industry. Following reforms, most fund memberships are not restricted in this way, instead being 'public offer funds' regulated by the Australian Prudential Regulation Authority. For circumstances relating to their ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Chief Investment Officer Magazine
''Chief Investment Officer Magazine'' (formerly ''aiCIO'') was an English-language international finance magazine. It is now just a website owned by Strategic Insight. In 2009, the magazine was honored with Folio's Silver Ozzie Award for "Best Design New Magazine, B-to-B". In 2011, the magazine was a finalist for the Jesse H. Neal Award, in the category recognizing Best Subject-Related Series of Articles for their entry, "Interrogations". ''CIO Magazines work has also been excerpted in ''The Atlantic'' and referenced in ''New York Magazine''. The target readership for the magazine includes chief investment officers and senior investment professionals. The print and digital publication reports news, opinion, and research focusing on investment issues affecting pension, insurance, and sovereign wealth funds, as well as endowments and foundations. ''CIO'' is headquartered in New York City. Organizational history Asset International was acquired in January 2009, by venture capi ...
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Shop, Distributive And Allied Employees Association
The Shop, Distributive and Allied Employees' Association (SDA) is a private sector trade union in Australia, representing retail, fast-food and warehousing workers, and has branches in each state and territory. Its membership is predominantly in casual and insecure employment within retail and fast food establishments. The union also represents a significant membership of workers from culturally and linguistically diverse backgrounds. The main categories of workers covered by the SDA are retail, fast food and warehousing workers but the SDA also covers reserve and backdock employees, pharmacies, footwear repairing, modelling, and hairdressing/beauty. The SDA has overlapping with other trade unions and their areas of coverage, such as the Australasian Meat Industry Employees Union in the case of retail meat employees and the United Workers Union's coverage of warehousing employees and bakers employees. The SDA has branches across Australia. There is the Victorian Branch; New ...
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Fund Administration
Fund administration is the name given to the execution of back office activities including fund accounting, financial reporting, net asset value calculation, capital calls, distributions, investor communications and other functions carried out in support of an investment fund, which may take the form of a traditional mutual fund, a hedge fund, a private equity fund, a venture capital fund, a pension fund, a unit trust, or other pooled investment vehicle. Managers of funds often choose to outsource some or all of these activities to external specialist companies, such as the fund's custodian bank or transfer agent. These companies are known as fund administrators. Administration services United States These administrative activities may include the following administrative functions, which in turn may include "fund accounting" services. Some of these items may be specific to fund operations in the US, and some pertain only whether the fund is an SEC-registered fund: *Calcula ...
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Parramatta, New South Wales
Parramatta (; ) is a suburb (Australia), suburb and major commercial centre in Greater Western Sydney. Parramatta is located approximately west of the Sydney central business district, Sydney CBD, on the banks of the Parramatta River. It is commonly regarded as the secondary central business district of metropolitan Greater Sydney, Sydney. Parramatta is the municipal seat of the Local government areas of New South Wales, local government area of the City of Parramatta and is often regarded as one of the primary centres of the Greater Sydney metropolitan region, along with the Sydney central business district, Sydney CBD, Penrith, New South Wales, Penrith, Campbelltown, New South Wales, Campbelltown, and Liverpool, New South Wales, Liverpool. Parramatta also has a long history as a second administrative centre in the Sydney metropolitan region, playing host to a number of government departments, as well as state and federal courts. It is often colloquially referred to as "Parra" ...
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Financial Services Companies Established In 1988
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and p ...
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Superannuation Funds In Australia
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual; the terminology vari ...
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