Rest Super: Difference between revisions

Rest Super
Company type	Industry superannuation fund
Founded	1988
Products	Superannuation
AUM	$80 billion
Website	rest.com.au

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Latest revision as of 18:07, 6 October 2024

Rest Super 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]

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 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

^ "About REST". Rest Super. Retrieved 24 October 2020.
^ ^a ^b "About Us". Rest Super. Retrieved 24 October 2020.

External links

Official website

This finance-related article is a stub. You can help Wikipedia by expanding it.

[1] "About REST". Rest Super. Retrieved 24 October 2020.

[Rest_About-2] "About Us". Rest Super. Retrieved 24 October 2020.

[1]

[2]

@@ Line 1: / Line 1: @@
+{{short description|Australian retirement fund organization}}
+{{More citations needed|date=October 2020}}
+{{Use Australian English|date=October 2020}}
+{{Use dmy dates|date=October 2020}}
 {{Infobox company
-| name = Rest
+| name = Rest Super
-| logo = [[File:Rest-206-x-160-01.png|thumb|Rest logo]]
+| logo = Rest Super Logo 2024.svg
-| type = [[industry superannuation|Industry Superannuation Fund]] [[non-profit]]
+| type = [[Industry superannuation fund]]
-| slogan = Together towards tomorrow
 | foundation = 1988
+| aum = $80 billion<ref>{{Cite web|title=About REST|url=https://rest.com.au/about-rest|access-date=24 October 2020|website=Rest Super}}</ref><ref name="Rest About">{{Cite web|title=About Us|url=https://rest.com.au/about-rest/about-us|access-date=24 October 2020|website=Rest Super}}</ref>
-| key_people =
-| industry = [[Industry]] [[Superannuation]]
-| assets = [[Australian Dollar|A$]]50 billion
 | products = [[Superannuation]]
-| homepage = [http://www.rest.com.au www.rest.com.au]
+| homepage = {{URL|https://rest.com.au/}}}}
-}}
-'''Rest''' is an [[Industry superannuation|industry superannuation fund]] established in 1988. With around 2 million members, Rest is one of Australia’s largest superannuation funds by membership. Originally set up to cater for workers within the retail industry, Rest now accepts members from all occupations and industries. With 160,000 businesses paying superannuation to Rest, the fund currently has more than $50 billion in funds under management.
+'''Rest Super''' 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" />
+==Governance==
-As an industry superannuation fund, Rest is run to profit members and pays no commission to financial advisers or dividends to shareholders.
+===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 is managed on a day-to-day basis by a Trustee company (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 (SDA)]] and four nominated on behalf of employers and employer associations.
+The [[Fund administration|fund administrator]] of Rest is currently Australian 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.
+==References==
-Rest has recently won a number of industry awards, including the Money magazine Best Superannuation Fund Manager Award for 2010 and the SuperRatings Fund of the Year for 2010.<ref>[http://www.superratings.com.au/media/mediareleases/13102009 ‘Australia’s Best Super Fund Named’] SuperRatings*</ref>
+{{Reflist}}
+==External links==
-Andrew Howard was appointed Interim Chief Executive Officer in February 2018.
+*[https://rest.com.au/ Official website]
+[[Category:Financial services companies established in 1988]]
-== Fund Administrator ==
+[[Category:Superannuation funds in Australia]]
-Rest currently is administered by 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.
+[[Category:1988 establishments in Australia]]
-The contract is a continuation of the 20-year relationship between the two organisations and will see AAS continue to supply Rest and its almost 2 million members with full administrative and call-centre services.
-== Notes ==
-{{Reflist}}
-==External links==
-* [http://www.rest.com.au Rest website]
-* [http://www.aas.com.au AAS website]
+{{Finance-stub}}
-[[Category:Superannuation in Australia]]
-[[Category:Retailing in Australia]]
-[[Category:Retailing organizations]]