Rest Super Review

Rest Super’s MySuper default Core Strategy currently charges:

$78 per year administration cost and fees

0.10% p.a. of account balance in administration fees and costs (capped at $300 p.a.)

0.06% p.a. administration fees and costs deducted from the funds reserves (and not your super balance)

0.48% p.a. investment fees and costs

0.07% p.a. transaction costs

Rest Super’s MySuper default core strategy saw 1 year return of 9.3% and a 5 year return for the same strategy of 5.6% p.a.

Rest Super pays a superannuation retirement bonus.

Rest Super members will be eligible to access the retirement reward if they held a Rest Super, Rest Corporate, or TTR account for the full 12 months prior to opening a Rest Pension Retirement account. Retirement bonuses are not available to Acumen members who transfer their accumulated balance to a Rest Pension Retirement account.

The value of the Rest retirement bonus varies but generally it’s based on Rest’s tax position over time, how much a member has had in their Rest super or TTR account for the 12 months prior to opening a Rest Pension Retirement account, and what they’ve chosen to invest in over the previous full 12 months. From time to time, some of the investment options may not pay a Retirement Bonus and could depend on Rest’s tax position when your Pension account is opened.