All about fees

We believe in bigger and brighter tomorrows for everyone

And we know that the fees you pay on your super account today can make a big difference to what your tomorrow might look like. That’s why we work hard to keep our fees low.
We’re a profit to member industry super fund.  So that means more money in your super account.
We’re big. So economies of scale help us keep a lid on costs. And we’re smart with technology, to make things simpler, easier and more efficient for you.


How your fees might look

If you’re in the Core Strategy (and you’d be in pretty good company as most of our members are in this investment option), and have a balance of $50,000, your annual fees will look like this.

And if your account balance is less than $6,000, the amount of administration fees, investment fees and indirect costs that you’ll pay each year is capped at 3% of your account balance.

Investment fee 0.60% of your balance per annum $300
Plus administration fee $1.30 per week, plus 0.1% of your account balance at the end of each month (0.1% pa component is capped at $800 per annum) $67.60 plus $50 per annum
Plus indirect cost ratio 0.07% per annum   $35
Total*   $452.60 per annum
* If your account balance is less than $6,000 at the end of 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 ).

What these fees cover

All super funds will charge you a fee for looking after your super.

The total annual fee and costs cover the different components that keep your super working for you.

You’ll pay extra fees and costs for certain transactions and if you have extra things with your super. Like if you have insurance, you need some complex financial advice that involves a fee, or you need to split your super with your ex.

Remember, when you’re thinking about brighter tomorrows, low fees are just one part of the package. Over your working life, it’s the combination of low fees and competitive investment returns that delivers the real goods.

Retirement calculator

Administration fee

The administration fee covers things like collecting contributions from you and your employer, keeping records of your transactions, sending you an annual statement and being there when you need to talk to us through one of our service channels such as our call centre, Live Chat or Rest App.


Investment fee

The investment fee is for the things we do to help your money grow. Our range of investment options have different fees depending on what’s involved in managing the money.


Indirect cost ratio

The indirect cost covers the expenses of an investment. For example, stamp duty when buying property, or brokerage costs when buying or selling shares. It’s included when we calculate unit prices, so it’s not an extra fee that you pay. Again, different investment options have different indirect cost ratios.

Get to know your fees

If you’ve read this far, you’re obviously keen get to know your super better. And we couldn’t be happier because we really want you to know all about your super, and be in control of your super.

So here’s some more details you’ll need to know about the fees on your Rest account.

Investment fee

  • Estimated between 0.00% to 0.90% (depending your investment option) for the 12 months ending 30 June 2019.
  • Find the investment fee for each investment option here.

Administration fee

  • $1.30 per week plus an asset-based fee based on your account balance (0.1% per annum for balances up to $800,000, capped at $800 per annum)
  • Deducted from your account at the end of each month


Buy sell spread

  • The cost of money moving in and out of your account, like when you make contributions, or switch investment options
  • Buy spread range: up to 0.20% 
  • Sell spread range: Nil
  • Find the buy/sell spread for each investment option here

Switching fee

  • There is no cost for switching investment options, however there will be a buy spread when investing in an investment option

Exit fee

  • Nil

Advice fee

  • Nil.  No additional cost to members for simple financial advice.
  • If you ask for complex advice from a Rest Adviser, we’ll talk to you about fees first and you can agree these with your adviser.

Contribution splitting fee

  • $60 per split
  • Deducted from your account when the transaction is processed

Family law split fee

  • $50 per split
  • Split between you and your spouse’s account when the transaction is processed

Indirect cost ratio

Transactional 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