2 April 2022 6:51

How many members are in rest super?

Retail Employees Superannuation Trust (REST), also called REST Super or Rest Super, is an Australian industry superannuation fund established in 1988. It is one of Australia’s largest superannuation funds by membership, with around 1.7 million members in June 2020.

How many people are with REST Super?

2 million members

Rest Industry Super, one of Australia’s largest superannuation funds with nearly 2 million members, will from today be known as Rest, with the launch of a new brand that reflects the smart, new ways the fund is connecting and communicating with customers.

Is REST Super real?

Rest is an award-winning, profit-to-member super fund with low fees.

Is REST Super an industry fund?

REST is a Public offer Industry fund. REST has 32 investment options, 1 MySuper products authorised and 82% of its total assets are invested in a default or MySuper strategy.

Is REST a good super fund?

According to its recently published member outcomes assessment, Rest’s investment performance was ranked 45th in the 2020 financial year, 66th over a three-year period, and 54th over a five-year period.

Who owns REST Super?

Retail Employees Superannuation Pty Limited

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 and four nominated on behalf of employers and employer associations.

How much super Should I have at 40?

How much super you should have at your age

25 years old $24,000
30 years old $61,000
35 years old $102,000
40 years old $154,000
45 years old $207,000

Is AustralianSuper better than rest super?

Looking at their investment allocation, AustralianSuper Balanced has more exposure to international shares than Rest Core Strategy and is slightly higher risk overall. Rest Core Strategy has a greater allocation to lower-risk, defensive assets than AustralianSuper.

Is sunsuper better than rest?

Sunsuper and UniSuper are the winners or winners with six awards in total over the years. AustralianSuper and Hostplus have both won four times, QSuper has won three times, while REST has won twice. *Note: Prior to 2020 Rainmaker’s awards were known as the Selecting Super awards. There was no winner for 2020.

What is the best super fund in Queensland?

  • Award Winner 2022. HESTA Super Fund. 4.2 from 1,021 reviews. …
  • Sunsuper. 3.6 from 466 reviews. …
  • MTAA Super. 3.3 from 114 reviews. …
  • Cruelty Free Super. 4.7 from 11 reviews. …
  • Rest Superannuation. 2.5 from 611 reviews. …
  • UniSuper. 2.2 from 50 reviews. …
  • HOSTPLUS. 1.7 from 225 reviews. …
  • LUCRF Super. 2.2 from 27 reviews.
  • Which Super fund is best 2021?

    Aware Super named Best Super Fund for 2021

    • The awards for Best Pension Fund and Best MySuper Product were taken out by Cbus and AustralianSuper respectively.
    • HESTA won the most awards, with four, including one of the new awards – Best Innovation – ESG Investment Leadership.

    Which super is better in Australia?

    Best performing super funds

    Super fund Investment option 1 yr return (%)
    AustralianSuper Balanced 15.0%
    UniSuper Accum (1) – Balanced 12.5%
    Cbus Growth (Cbus MySuper) 13.0%
    VicSuper FutureSaver – Growth (MySuper) 14.8%

    What is the best super fund in Australia 2022?

    Top Performing Super Funds Australia 2022

    • Best Performing Industry Super Fund: UniSuper.
    • Best Ethical Fund: Australian Ethical.
    • Strong Long-Term Performance: Aware Super.
    • Best Lifestage Fund: Virgin Money.
    • Best New Fund: Spaceship.
    • The Best Overall – AustralianSuper.

    Who owns AustralianSuper?

    the Australian Council of Trade Unions

    AustralianSuper is owned by the Australian Council of Trade Unions (ACTU) and employer peak body the Australian Industry Group (Ai Group).

    Who owns Sun Super?

    Sunsuper is run by a Trustee company called Sunsuper Pty Ltd. The Board of the trustee has equal representation of independent directors, member representatives and employer representatives.