The industry super fund for people working in real estate, REI Super, has now made it easier for those not directly employed by a real estate business to join the fund.
As of 1 July 2016, REI Super is a public offer fund, meaning it is open to anyone who wishes to join.
Previously, to become a member of the fund, you must have been working for a participating employer.
REI Super CEO Mal Smith said the change would open up membership of the fund to anyone, but particularly to existing members’ spouses and family members, self-employed people in the industry, and those working closely with the industry, like valuers, conveyancers, marketers and tradespeople.
“REI Super grew out of the real estate industry, and we are the only industry fund specifically for the sector,” Mal Smith said.
“We’ve grown with the industry and we are in step with its needs. We know it’s a different industry to what it was when we started.
“Growth in self employment within the industry and in sectors associated with real estate means that not everyone is attached to a participating employer any more.
“We also want to ensure that existing members who wish their spouse or other family members to join their fund can do so.
”We want to make it easier for anyone associated with the real estate sector to become part a fund with a long industry provenance, personalised service, low fees and strong returns*.”
* Past returns are no guarantee of future performance.