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Eligible rollover fund

Rest has a broad power provided by legislation to roll over a member's benefits to another fund, called an Eligible Rollover Fund or ERF.

Effective May 2007, the trustee appointed AUSFund as the Eligible Rollover Fund (ERF) for Rest and Acumen. Prior to 2007 Rest's ERF was the Australian Eligible Rollover Fund.

When Rest will rollover your benefits to AUSFund

Rest may rollover a member’s benefits to its ERF if:
  1. A member’s account balance is less than $4000, and
  2. Either:
  • Rest has attempted to contact the member via mail or electronic means and their correspondence has been returned unclaimed OR
  • No contributions or rollovers have been paid into a member’s account in the past 12 months

How your benefits are affected 

When your benefits are transferred to an ERF, your benefits may be affected because:

  • You will cease to be a Rest member and will no longer have any insurance cover
  • You will become a member of AUSFund and will be subject to its governing rules. If Rest can provide AUSFund with your contact details, AUSFund will provide you with their Product Disclosure Statement
  • The fees and costs charged in AUSfund are different from those charged in Rest and investment returns may be insufficient to cover the fees and costs charged in AUSfund.
  • AUSFund will invest your benefits in a diversified investment strategy, which may provide lower returns than the investment option(s) in which your account is invested in Rest

How to contact AUSFund

AUSFund Administrator

PO Box 543
Carlton South VIC 3053
Telephone: 1300 361 798

ERF prior to May 2007

Before May 2007, the Fund’s ERF was Australian Eligible Rollover Fund (AERF). The AERF can be contacted as follows:

The Secretary
The Australian Eligible Rollover Fund
Locked Bag 5429
Telephone: 1800 677 424

This website is provided by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394 (Fund), of which Rest Super, Rest Corporate, Rest Pension and Acumen are part. It contains general advice that has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, consider its appropriateness and the relevant Product Disclosure Statement (PDS), which is available on this website. The cost of providing financial services is included in the fees in the Fund as disclosed in the relevant PDS. Rest and the Fund do not charge any additional fees or obtain any commissions for the advice provided. Rest’s employees are paid a salary and do not receive any commissions. They may receive a performance related bonus that takes into account the financial services provided. Super Investment Management Pty Limited (ABN 86 079 706 657, AFSL 240004), a wholly owned subsidiary company of Rest, manages some of the fund’s investments. Apart from this, Rest does not have any relationships or associations with any related body corporate or product issuer that might reasonably be expected to be capable of influencing Rest in providing financial services.

Rest personal advice is provided by Rest Advisers as authorised representatives of Link Advice Pty Ltd ABN 36 105 811 836 AFSL 258145

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