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{{short description|Rest Super}}
{{short description|Australian retirement fund organization}}
{{More citations needed|date=October 2020}}
{{More citations needed|date=October 2020}}
{{Use Australian English|date=October 2020}}
{{Use Australian English|date=October 2020}}
{{Use dmy dates|date=October 2020}}
{{Use dmy dates|date=October 2020}}

{{Infobox company
{{Infobox company
| name = Rest Super
| name = Rest Super
| logo = Retail Employees Superannuation Trust logo.svg
| logo = Rest Super Logo 2024.svg
| type = [[Industry superannuation fund]]
| type = [[Industry superannuation fund]]
| foundation = {{Start date and age|df=yes|1988}}
| foundation = {{Start date and age|1988}}
| assets = {{Increase}} {{AUD|80 billion}}<ref>{{Cite web|title=About REST|url=https://rest.com.au/about-rest|access-date=24 October 2020|website=Rest Super}}</ref><ref name="Rest About">{{Cite web|title=About Us|url=https://rest.com.au/about-rest/about-us|access-date=24 October 2020|website=Rest Super}}</ref>
| aum = $80 billion<ref>{{Cite web|title=About REST|url=https://rest.com.au/about-rest|access-date=24 October 2020|website=Rest Super}}</ref><ref name="Rest About">{{Cite web|title=About Us|url=https://rest.com.au/about-rest/about-us|access-date=24 October 2020|website=Rest Super}}</ref>
| products = [[Superannuation]]
| products = [[Superannuation]]
| homepage = {{URL|https://rest.com.au/}}
| homepage = {{URL|https://rest.com.au/}}
}}
}}


The '''Retail Employees Superannuation Trust''' ('''Rest Super''') is an [[Australia]]n [[industry superannuation fund]] established in 1988. It is one of Australia's largest superannuation funds by membership, with around 1.9 million members in June 2022. Rest currently manages A$80 billion in funds.<ref name="Rest About" />
'''Rest Super''' (formally Retail Employees Superannuation Trust)<ref>{{Cite web |date=2014-11-01 |title=The Trustee for RETAIL EMPLOYEES SUPERANNUATION TRUST |url=https://superfundlookup.gov.au/ABN/View?id=62653671394 |access-date=2024-12-11 |website=superfundlookup.gov.au |language=en}}</ref> 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.<ref name="Rest About" /><ref>{{Cite web |last=Bainbridge |first=Amy |date=2024-09-10 |title=More Australian Pension Funds Ramp Up Climate Investments |url=https://www.bloomberg.com/news/articles/2024-09-09/more-australian-pension-funds-ramp-up-climate-investments |access-date=2024-12-11 |website=[[Bloomberg News]]}}</ref><ref>McKean, Andrew (21 October 2024). [https://www.ai-cio.com/news/rest-super-names-interim-co-cios/ "Rest Super Names Interim Co-CIOs"]. ''[[Chief Investment Officer Magazine|Chief Investment Officer]] [https://info.microkeeper.com.au/ Magazine]''. Retrieved 11 December 2024.</ref>


==Governance==
==Governance==
===Trustee===
===Trustee===
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|Shop Distributive and Allied Employees Association]] and four nominated on behalf of employers and employer associations.
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 ===
===Fund Administrator===
The [[Fund administration|fund administrator]] of REST is currently Australian Administration Services (AAS), a superannuation administration company based in Rhodes, New South Wales. AAS is part of the Link Group of companies. REST has worked with AAS since 1992, providing full administrative and call-centre services.
The [[Fund administration|fund administrator]] of Rest is currently AustraliaBloombergn Administration Services (AAS), a superannuation administration company based in [[Rhodes, New South Wales|Rhodes]]. AAS is part of the Link Group of companies. REST has worked with AAS since 1992, providing full administrative and call-centre services.


== Notes ==
==References==
{{Reflist}}
{{Reflist}}


== External links ==
==External links==
* {{Official website}}
*[https://rest.com.au/ Official website]


[[Category:Australian companies established in 1988]]
[[Category:Financial services companies established in 1988]]
[[Category:Financial services companies established in 1988]]
[[Category:Superannuation funds in Australia]]
[[Category:Superannuation funds in Australia]]
[[Category:Retailing in Australia]]
[[Category:1988 establishments in Australia]]

[[Category:Retailing organizations]]


{{Finance-stub}}
{{Finance-stub}}

Latest revision as of 16:10, 11 December 2024

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

[edit]

Trustee

[edit]

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

[edit]

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

[edit]
  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.
[edit]


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