Rest pilots Payday Super tech, moves to implement

The $93 billion super fund will now work with its administrator to implement the Wrkr employer services platform in preparation for Payday Super.

Rest completed a trial of Wrkr's employer services platform alongside MUFG Retirement Solutions, Rest employers and their users.

The trial involved a production version of the platform being deployed for testing and feedback, using production data including the onboarding of new businesses and users and processing of numerous super contributions.

Rest was looking to not only upgrade the current experience but also align its technology to its obligations under the Payday Super reforms, expected to come into effect on 1 July 2026.

Having been successful, Rest is now negotiating final terms with MUFG Retirement Solutions to implement the technology.

Rest chief service officer Brendan Daly said the fund is very pleased with the results of the trial.

"We believe Payday Super will help many of our members - and millions of working Australians - achieve fairer retirement outcomes, particularly those who work in part-time and casual roles," he said.

"We strongly support these reforms, but we're also conscious of the potential impact they could have on employers and the need to upgrade administration infrastructure ahead of the changes.

"We are pleased with the success of the pilot and the encouraging responses we received from the participating employers, and we look forward to working closely with Wrkr and MUFG Retirement Solutions on the next steps to roll out the platform in the coming months."

Wrkr, which is an ASX-listed provider of digital workforce compliance services, will continue to work with Rest and MUFG Retirement Solutions on the implementation.

"We're delighted to have completed a comprehensive pilot with Rest and MUFG Retirement Solutions, which rigorously tested our industry-leading employer services platform in a real-world superannuation environment," Wrkr chief executive Trent Lund said.

"The participating Rest employers provided positive feedback about the platform's simple and intuitive user experience. This is a significant step forward in Rest's preparations in helping their employers prepare for Payday Super."

Wrkr's solutions are currently used by more than 70,000 businesses, including four super funds, including Aware Super and Commonwealth Super Corporation, and APRA and the ATO. It's also used by more than 28,000 self-managed super funds.