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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
Email: admin@ausfund.net.au
Web: http://www.ausfund.com.au

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
PARRAMATTA NSW 2124
Telephone: 1800 677 424

This website is provided by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003, trustee of Retail Employees Superannuation Trust ABN 62 653 671 394, 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.

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

Awards and ratings are only one factor to consider when deciding how to invest your super. Further information regarding these awards can be found at Rest.com.au/about-Rest/awards. Past performance is not an indicator of future performance. SuperRatings Pty Limited does not issue, sell, guarantee or underwrite this product. Go to www.superratings.com.au for details of its ratings criteria. For further information about the methodology used by Chant West, see www.chantwest.com.au