REST Industry Super
“Make the most of your super.”
Compare REST Super Funds
If you’re considering Rest Industry Super, check out what’s available below in our comparison table based on a super balance of $50K to $100K. To compare other superannuation funds
How to join REST Industry Super
You can sign up for a REST Industry Super account online or call 1300 300 778 (open Mon-Fri).
Keep our tips in mind for how to choose a super fund, and always read the product disclosure statement (PDS) before you sign up for any superannuation product.
Remember to consider consolidating all of your super savings into one account. Find out how to find your lost super and how to consolidate your super. Before consolidating, check what insurances you have with each fund. Moving super from one fund to another could mean you lose some insurances, some of which you might not have known about but could really find handy if something were to happen to you.
Finally, tell your employer that you’ve joined REST Industry Super. Your employer will give you a choice of super fund form that you will need to sign and return to them.
How do the fees on REST Industry Super compare to other funds?
The table above shows the total fee cost to have a REST Industry Super account per year. Compare these fees to the average super fund fees on our database.
Does REST Industry Super offer an ethical investment option?
At the time of writing, REST Industry Super does not offer a super fund with a specific ethical investment option. However, they do consider environmental, social, and governance (ESG) factors as part of their investment approach in general.
How can I track the growth of my REST Industry Super account?
Members can track and manage the growth of their super account online using MemberAccess. Members can also find out the current balance of their super account in their annual statement, or by calling REST on 1300 300 778 (open Mon-Fri).
What should I check on my REST Industry Super statement?
Be sure to check these 9 things on your superannuation statement:
- Personal details are up-to-date
- Nominated beneficiaries are up-to-date
- Tax File Number (TFN) is recorded
- Super contributions from employer and/or your voluntary contributions are correct
- Investment asset class choices are appropriate for your life stage
- Amount paid in fees
- Insurance still adequate
- Super is consolidated, after checking whether there is insurance or any other benefits attached to the account you may lose and you’re comfortable to do so
- The big picture – are you happy with your super fund overall?
When can I access my REST Industry Super?
You can access your super at age 65, but it could be earlier at what’s known as your preservation age, which can be from 55 years up to 60 years depending on what year you were born. To access your super, typically you need to have permanently decided to stop working, or have left an employer after turning 60. Earlier access to your super is possible in certain circumstances, such as:
- If your home is being repossessed
- Cases of severe financial hardship
- On compassionate grounds if you or your dependant is diagnosed with a terminal illness needing palliative care, or if you are temporarily or permanently unable to work or need to work less hours due to a physical or mental medical condition, or if you are disabled and need to modify your home or car to meet your needs, or if you need help to pay for the funeral expenses of a dependant
- If your super balance is less than $200
Compare Superannuation Funds
If you’re considering top performing superannuation funds, check out the following table which contains details of the superannuation funds rated by Canstar. This table has been sorted by one-year performance (highest to lowest).
Please note that the performance information shown in the table is for the investment option used by Canstar in rating of the superannuation product.
Can I get the Age Pension as well as REST Industry Super?
You may be able to receive a full or part-pension from Centrelink depending on your level of assets (including super and account-based pension balance) and income (including from any account-based pension you may have and how much income your super is assumed to be able to pay you). Find out how the Age Pension works and how much you can receive in super before your pension is affected.
About REST Industry Super
REST Industry Super was founded in 1988 as the Retail Employees Superannuation Trust. About 1 in 6 working Aussies (1.9 million people as of the 2016 annual report) hold their super with REST Industry Super.
Members can make voluntary contributions to a REST Industry Super fund using the Acorns app, so that your spare change is put towards your future without having to think too hard about it.
REST’s other brainchild is The Hub, a place to find all the information and education about superannuation you could ever want.
Source: REST Industry Super
REST Industry Super offers a range of additional member benefits such as discounts on AIG travel insurance, experience gift vouchers from RedBalloon, HCF health insurance, ME Bank banking products, and personal financial advice about your super future with LINK Advice money coaches.