Rest Super Investment Options for Retirement

Rest Super offers a range of investment options to help you grow your retirement savings. These options cater to different risk appetites and investment goals.

The Conservative option is designed for those who want to minimize risk, with a focus on low-risk assets like cash and fixed interest investments. This option is suitable for those nearing retirement or with a conservative investment approach.

The Balanced option is a popular choice, offering a mix of growth and income-generating assets to balance risk and potential returns. This option is ideal for those seeking a moderate level of risk and a balanced investment portfolio.

You can also consider the Growth option, which invests in higher-risk assets like shares and property to potentially achieve higher returns over the long term. This option is suitable for those with a higher risk tolerance and a long-term investment horizon.

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Rest Super is a not-for-profit industry super fund that has been around since 1988. It's one of the largest super funds in Australia, with over 1 million members.

Rest Super has a strong focus on providing low fees and high returns for its members. This is reflected in its investment strategy, which prioritizes long-term growth over short-term gains.

By choosing Rest Super, members can take advantage of a range of benefits, including a low administration fee of 0.23% per year. This fee is significantly lower than many other super funds.

Rest Super also offers a range of investment options, including a Balanced Fund that has consistently delivered strong returns. This fund has a mix of growth and income assets, making it suitable for members who want a balanced approach to investing.

Rest Super offers a range of investment options to suit different risk levels and investment goals. You can choose from 7 different investment options, including ethical investments, as mentioned in the article.

The investment options available include a default option, which is a balanced mix of growth and defensive assets, and member-tailored options, which allow you to customize your own investment portfolio.

Here are some key features of the investment options available:

You can also choose to invest in specific asset classes, such as cash, property, Australian shares, and overseas shares, as mentioned in the member-tailored options.

If you want to take a hands-on approach to your investments, you can choose from a range of member-tailored options with Rest.

One option is to invest in cash, which can provide a low-risk way to earn interest on your money.

You can also choose to invest in property, which can offer a tangible asset and potential long-term growth.

Another option is to invest in Australian shares, giving you the opportunity to own a piece of the country's top companies.

For those who prefer a more streamlined approach, you can opt for Australian shares - Indexed, which tracks the performance of the broader market.

Alternatively, you can invest in overseas shares, allowing you to tap into global markets and diversify your portfolio.

If you prefer an indexed option for overseas shares, you can choose Overseas shares - Indexed, which can help you ride the waves of global market fluctuations.

Here are the member-tailored options available with Rest:

Rest Super is a low-fee super fund that offers 7 different investment options. It's a great choice for those looking for a reliable superannuation fund with competitive fees.

One of the standout features of Rest Super is its investment options, which include ethical investments. This is a great option for those who want to invest in a way that aligns with their values.

Rest Super has a fixed admin fee of $78, which is a relatively low fee compared to other super funds. The admin fee percentage is also low at 0.1%, and the admin fee cap is $300.

The investment fees and costs for Rest Super vary depending on the investment option, but they are generally low. For example, the investment fees and costs for one of the options is 0.28%, which is significantly lower than some other super funds.

Here's a summary of Rest Super's fees:

Overall, Rest Super is a great option for those looking for a low-fee super fund with a range of investment options, including ethical investments.

REST Super offers a range of pension investment options, including a transition-to-retirement (TTR) pension.

The admin fee for these options is fixed at $78, with an admin fee percentage of 0.1%. The admin fee cap is $300.

General reserves are allocated at 0.06% of the investment.

Investment fees and costs vary, ranging from 0.28% to 0.48% of the investment.

Transaction costs are also charged, ranging from 0.05% to 0.07% of the investment.

Here's a summary of the key fees for REST Super pension investment options:

REST Super offers a range of pension and insurance options to help you secure your financial future.

You can invest in a transition-to-retirement (TTR) pension with REST Super, which provides a regular income stream while still allowing you to work and earn more.

REST Super offers transition-to-retirement (TTR) pension investment options. This means that if you're already a member, you can consider using your super to fund your retirement while still working.

One such option is the TTR pension, which allows you to take a portion of your super as a regular income while still earning a salary. This can be a great way to supplement your income and plan for the future.

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Available Insurance Coverage is a crucial aspect of pension and insurance plans. Rest offers three types of insurance: Income Protection, Total and Permanent Disability, and Death Cover.

Rest's Default Cover is an insurance package that combines all three types of insurance and is available to all members. You can also opt to increase your cover if you prefer.

Income protection insurance cover protects you if you are unable to work for an extended period of time due to certain reasons, such as injury or illness.

Total and Permanent Disability cover is designed to cover you in the form of a lump sum payment if you become totally and permanently disabled and are unlikely to work again.

Death Cover provides a payment or pension to your family and friends in the event of your death.

Here's a summary of the available insurance coverage:

Rest Super is one of Australia's largest industry super funds, established in 1988. It's known for its competitive fees and strong performance.

With over 1.9 million members and $77 billion in retirement funds under management, Rest Super is a reliable choice for individuals seeking a superannuation fund.

You'll be automatically invested in the Core Strategy when you join Rest, which is a great starting point for many people. After you join, you can switch to one of the other investment options.

Rest Super's fees are competitive, but it's essential to understand what you're paying. The table below shows the lowest average fees payable on a $50,000 account balance for public offer funds, as of 30 September 2024.

Rest Super has been working with Australian Administration Services (AAS) since 1992, providing full administrative and call-centre services.

AAS is a superannuation administration company based in Parramatta and is part of MUFG Pension & Market Services, a global financial group.

The fund's RSE licensee is Retail Employees Superannuation Pty. Limited, which has a not-for-profit status and is owned by a nominating organisation.

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Here are some key administration details for Rest Super:

The board of directors for Rest Super has a good balance of male and female representation, with 3 female directors (42%) and 7 male directors (58%). The total remuneration of the directors on the trustee board is $1,229,000, with an average remuneration of $123,000 per director.

Your super fund has its own unique identifier, which is known as an ABN, or Australian Business Number. The REST Super ABN number is 62653671394.

An ABN is like a social security number for businesses, and it's used to identify your super fund for tax purposes.

The USI numbers listed in Australia are crucial for students to access certain government services, such as Centrelink benefits and tax refunds.

A USI is a unique 10-digit number that students receive after creating an account on the Australian Government's myGov website.

It's free to create a USI, and students can apply online in just a few minutes.

REST Super's administration details are publicly available, making it a transparent option for investors. This is a key factor to consider when choosing a super fund.

The fund's RSE licensee is Retail Employees Superannuation Pty. Limited. This information is crucial for understanding the fund's governance structure.

REST Super is a public offer fund, meaning it's open to the general public. This is in contrast to non-public offer funds that are only available to specific groups of people.

The fund's type is industry, which means it's designed for employees in a particular industry. This can be an advantage for those who work in the retail sector.

The RSE licensee is a not-for-profit organization, which suggests that the fund's primary goal is to serve its members rather than generate profits. This is a positive aspect of the fund's administration.

The fund's board structure is based on nominating organization ownership, which means that the board members are chosen by the organization that established the fund. This can provide a level of stability and continuity.

Here's a summary of the fund's key administration details:

The fund's expenses ratios are also worth noting. The investment expenses ratio is 0.5%, which is higher than the average of 0.18%. The operating expenses ratio is 0.3%, which is lower than the average of 0.49%.

Joining Rest Super is a straightforward process that shouldn't take long. You can start by clicking "Go to Site" to be securely directed to Rest Super.

To create an account, you'll need to provide your contact details and create a password. It's a good idea to make sure your password is strong and unique.

You may also be asked to provide your Tax File Number (TFN), although this is optional. If you have a TFN, it's a good idea to provide it to ensure accurate tax treatment.

Once your account is set up, you'll need to share your details with your employer. This will allow your employer to set up payroll contributions to your Rest Super account.

Here are the basic steps to join Rest Super:

Rest Super offers a profit to member fund, which means that any profits are returned to its members, not shareholders. This unique approach sets it apart from other super funds.

One of the key features of Rest Super is its focus on ethical investments. The fund takes into account environmental, social, and governance (ESG) factors in all of its investment decisions, and also offers an Ethical Super Investment option for those who want to invest with a clear conscience.

Rest Super also makes it easy to consolidate your super online, and provides a chat function for those who need assistance. Additionally, the fund offers Default Insurance for all members, which includes Income Protection, Total and Permanent Disability, and Death Cover.

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REST Super has won several awards in recent years.

One of its notable awards is from APRA.

REST Super has also received awards from publicly available information.

These awards are a testament to the super fund's commitment to excellence.

As of 30 June 2024, the data contained in the table of awards won by REST Super is current.

Rest Super stands out from the crowd with its unique features. One of the key benefits is its profit-to-member fund, which means the fund's profits go back to its members, not shareholders.

Rest Super also offers ethical investments, taking into account environmental, social, and governance (ESG) factors in all its investment decisions. This option is perfect for those who want to invest in a way that aligns with their values.

You can easily consolidate your super with Rest online or through the app, making it a convenient option for those who want to manage their finances efficiently. The chat function is also available for assistance if needed.

Insurance cover is another important feature of Rest Super, offering default insurance for all members, including income protection, total and permanent disability, and death cover. If you're eligible, you can even apply to increase your cover.

Rest Super also offers free advice from qualified financial advisors, available over the phone or online. This service can help you make the most of your super and achieve your financial goals.

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