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Fees and other charges


We do not charge:

  • entry fees
  • contribution fees
  • investment option switching fees.

We also do not pay commissions to financial advisers, which means more money in your super account.

If your account balance is less than $6,000 at the end of the financial year, or if you leave Rest, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of your account balance for the year (or the period until you left).

Rest Pension

Type of fee Amount How and when paid
Investment fee Retirement account
Estimated to be between 0.00% to 0.90% pa for the 12 months to 30 June 2019, including estimated performance related fees of up to 0.40% pa.
View detailed list

Transition to Retirement account
Estimated to be between 0.00% to 0.90% pa for the 12 months to 30 June 2019, including estimated performance related fees of up to 0.40% pa.
View detailed list
Accrued and reflected in an option’s unit price and deducted from the income or assets underlying the investment option. The fee is not deducted directly from your account.
Administration fee
The fee for administering your account
The fee for administering your account: $1.30 per week plus a yearly asset-based fee based on your account balance.
 
Administration fee including asset based fee is deducted from your account at the end of each month and is based on the value of your account on the day of deduction.
Asset based fee
Account balance
Yearly asset based fee
First $300,000
0.18%
Next $500,000
0.10%
Portion over $800,000
0.00%

The yearly asset based fee is capped at $1,040.
If you have more than one Rest Pension, the asset based fee is calculated on the combined balance of your accounts.
Buy/Sell Spread Buy spread range: Up to 0.20%
Sell spread range: 0.00%

Retirement account detailed list

Transition to Retirement account detailed list
Included in the relevant unit price and applied to your account
Switching Fee Nil Not applicable. However, a buy spread applies when investing in an investment option
Exit Fee Nil Not applicable
Advice Fee
Relating to all members investing in a particular MySuper product or investment option
Nil Not applicable
Other Fees and costs

 
Family law split fee of $50 per split   Split between your account and your spouse's account when the split is made
 
  Personal advice fees, if you agree a fee with your adviser
 
As agreed with your adviser
Indirect cost ratio Estimated between 0.00% to 0.30% pa for the 12 months ending 30 June 2019 Accrued and reflected in an option’s unit price, and deducted from the assets underlying the investment option. The fee is not deducted directly from your account
Transaction and operational costs, property operating costs and borrowing costs These are not new or extra fees and costs, but form part of the investment fee or indirect cost ratio You can learn more about these fees here