Rest as a major industry super fund is very aware of the trust you place in us to grow your retirement savings. We also know the importance of your insurance as part of your superannuation to provide financial assistance and support to you and your family in times of need.
Every day we work to deliver the highest standards of excellence in service to our members and employers.
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has raised some serious issues.
Rest supports the work of the Royal Commission and disapproves of the misconduct which has been occurring in the financial services sector.
Governance issues such as those raised before the Royal Commission have an influence on an organisation’s long-term financial performance.
Rest considers environmental, social and governance (ESG) risks as part of our focus on delivering competitive long-term investment returns for members. We expect our investment managers to consider a range of factors, including ESG risks, when selecting investments in their portfolios.
We believe that ESG issues influence the performance of our investments over the long term. Our investment managers are expected to consider ESG issues in the context of long term investment performance when exercising voting rights and participating in all aspects of our investments.
Rest continues to work closely with our investment managers to ensure a careful review of our investments in relation to the matters raised by organisations appearing before the Royal Commission.