Superannuation fees and costs

At Rest we keep our fees competitive, thanks to the scale of our 2 million members.

And because we’re not paying shareholders, our profits go back to members.

How your fees might look

If you’re in the Growth option (and you’d be in pretty good company as most of our members are in this investment option, it was called Core Strategy until 30 September 2024), and have a balance of $50,000, your annual fees will look like this.

And if your account balance is less than $6,000, certain fees and costs charged to you in relation to administration and investment are capped at 3% of your account balance for the year (or the period until you left).

For more information, including an explanation of each of the fee types and how they are calculated, please see the Rest Super PDS and the Additional information on fees and costs booklet.

	Fee charged	Fee for a $50,000 balance
Administration fees and costs	$1.50 per week	$78 regardless of your balance
	plus 0.10% per annum of your balance at the end of the month (0.10% per annum component is capped at $300 per annum. From 30 November 2024, this cap will increase to $600 per annum)	plus $50 per annum
	plus 0.09% per annum deducted from the Fund’s reserves and not from your account*	plus $45 per annum (deducted from the Fund’s reserves and not from your account, known as Costs met from reserves*)
Plus Investment fees and costs	0.53% per annum	$265 per annum
Plus Transaction costs	0.10% per annum	$50 per annum
Total**		$488 per annum

What fees and charges are commonly charged by a superannuation fund?

All super funds will charge you a fee for looking after your super. The total annual fees 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 or you need some complex financial advice that involves a fee. Remember, when you’re thinking about brighter tomorrows, fees are just one part of the package. Over your working life, it’s the combination of competitive fees and investment returns that delivers the real goods.

Administration fees and costs

Administration fees and costs cover 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 fees and costs

Investment fees and costs are for the things we do to help your money grow. Our range of investment options have different fees and costs depending on what’s involved in managing the money.

Transaction costs

Transaction costs cover the expenses associated with buying and selling investments. For example, stamp duty when buying property, or brokerage costs when buying or selling shares. It’s included when we calculate unit prices and different investment options have different transaction costs.