Rest Super (formally Retail Employees Superannuation Trust) is an Australian
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 ...
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
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 ...
and four nominated on behalf of employers and employer associations.
Fund Administrator
The
fund administrator
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 ...
of Rest is currently Australian Administration Services (AAS), a superannuation administration company based in
Parramatta
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 co ...
. AAS is part of MUFG Pension & Market Services A member of MUFG, a global financial group . REST has worked with AAS since 1992, providing full administrative and call-centre services.
References
External links
Official website
Financial services companies established in 1988
Superannuation funds in Australia
1988 establishments in Australia
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