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Rest Super (formally Retail Employees Superannuation Trust) [3] 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] [4] [5]
HESTA is an Australian industry superannuation fund for workers in health and community service sectors. HESTA services more than 90,000 employers and has more than 950,000 members, [1] 80% of whom are women. [2] It has close to $68 billion in funds under management. [1] HESTA was formed in 1987.
However, employees can nominate an alternative investment fund, called a stapled super fund. [11] The Fair Work Commission determines which superannuation funds are suitable to be industry super funds and adopted by employers as default funds. [12] ME Bank was established and owned by 26 industry super funds. [13] It was sold to Bank of ...
A map of Superfund sites as of October 2013. Red indicates currently on final National Priority List, yellow is proposed, green is deleted (usually meaning having been cleaned up).
File information Description This is the logo for Rest (superannuation fund). Further details: This is the new logo for Rest Super (Retail Employees Superannuation Trust) which was published in 2024.
In September 2018, ISA arranged a deal by 19 industry super funds to consolidate superannuation accounts of all of their members. Involving half a million inactive accounts containing few funds, it is estimated that it may collectively save its members around A$100 million a year in what they would otherwise pay in fees and life insurance premiums.
Image credits: Leanador Being one of the world’s biggest dog breeds, Great Danes are truly mesmerizing and quite unique animals.One of the biggest factors that makes them stand out so much is ...
The union has been a leading supporter of many significant Labor Party reforms including Medicare, Compulsory Superannuation and abolishing John Howard's WorkChoices laws. The SDA's Victorian branch was the largest individual donor to the Victorian Labor Party in 2013–14, giving $315,667. [35]