OneAnswer (OnePath) vs Rest

Compare what each fund offers, then choose investment options to put their published costs and returns side by side.

By SuperGuru Group · Research checked 11 September 2026 · Historical APRA figures to 30 June 2026

First fundSecond fund

OneAnswer (OnePath)

Retail super and pension range

OneAnswer has a current Frontier super and pension range alongside older closed products. Investment choice is central to Frontier, and its current insurance arrangements differ from older descriptions.

Membership

Frontier accepts applications from people receiving its PDS in Australia, including applications submitted by a financial adviser. The usual minimum initial Personal Super investment is $2,000, or $1,000 with a Regular Investment Plan. Older OneAnswer Personal Super and pension products are closed to new members.

Rest

Industry fund

Rest pairs its Growth default with indexed and other investment choices. Its published indexed investment costs make it useful to compare total account charges carefully.

Membership

Check the Rest Super or Rest Corporate PDS for the relevant membership and insurance terms. This profile covers the public Rest Super proposition rather than every employer arrangement.

Compare fees and investment returns

Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.

OneAnswer (OnePath): investment option18 published pathways. Check the exact product and employer plan; a shared fund name does not mean identical terms.Rest: investment option6 published pathways. Check the exact product and employer plan; a shared fund name does not mean identical terms.Account balance for fee comparison

APRA product data to 30 June 2026
Measure	Choose an investment option	MySuper
Return basis	Choose an option	MySuper net return after administration costs, $50,000 representative member
3-year return, per year	Choose an option	9.17%
5-year return, per year	Choose an option	6.66%
7-year return, per year	Choose an option	6.91%
10-year return, per year	Choose an option	7.35%
APRA strategic growth allocation	Choose an option	76.24%
Reported total fees, net of tax, at $50,000	Choose an option	$405 a year (0.81%)
Administration and advice costs, net of tax (included in total)	Choose an option	$130 a year
2026 performance test	Choose an option	Pass
New-member status at reporting date	Check the current product eligibility rules	Check the current product eligibility rules

Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.

Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.

How the products differ

OneAnswer (OnePath) and Rest: product features and conditions
What to compare	OneAnswer (OnePath)	Rest
Membership and access	Frontier accepts applications from people receiving its PDS in Australia, including applications submitted by a financial adviser. The usual minimum initial Personal Super investment is $2,000, or $1,000 with a Regular Investment Plan. Older OneAnswer Personal Super and pension products are closed to new members. Sources1 2 4	Check the Rest Super or Rest Corporate PDS for the relevant membership and insurance terms. This profile covers the public Rest Super proposition rather than every employer arrangement. Sources5
Accounts and products	OneAnswer Frontier Personal Super and Pension, with separate notes for closed OneAnswer Personal Super and pension accounts. ANZ Smart Choice and Grow Wrap are outside this profile's numerical scope. OneAnswer Frontier Personal Super OneAnswer Frontier Pension OneAnswer Frontier transition-to-retirement pension Closed OneAnswer Personal Super, Allocated Pension and Term Allocated Pension accounts Sources1 4	Rest Super, Rest Corporate and Rest Pension have separate disclosure documents. Rest Super Rest Corporate Rest Pension Sources4 5
Investment choices	Frontier requires the applicant to select investment options. The trustee will not choose one and cannot proceed with an application that lacks a selection. ANZ Smart Choice MySuper figures reported under the same historical legal fund are not OneAnswer defaults. The range includes diversified and single-sector managed funds, OneAnswer index funds, MultiSeries portfolios combining active and passive investments, and ANZ Term Deposits. Auto-rebalancing and dollar-cost-averaging facilities can help administer a chosen mix, but they cannot be used together and do not apply to term deposits. Check the current investment guide and product notices for closures or strategy changes. Sources1 2 6	Growth Growth is Rest's default option. The choice menu includes Growth - Indexed, Australian and overseas share index options, and Sustainable Growth. An indexed option's investment fee does not include every charge incurred by the account. Sources1 2
Insurance	The current Additional Information Guide says insurance is not available directly through Frontier Personal Super. A separate risk-only super insurance product may be payable using the Frontier account, with advice about the arrangement. An October 2025 notice removed OneCare Super references from the new-member documents. Existing members should check their actual policy and account, especially where an older OneAnswer product still holds group cover. Sources2 4 5	Rest publishes separate insurance guides for Super and Corporate accounts. Check the active cover shown in your account, its benefit definitions and current premiums; insurance changes and employer arrangements can affect what you receive. Sources3
Retirement income	Frontier Pension offers an account-based pension and a transition-to-retirement pension. The initial pension minimum is $20,000. Payment choices include monthly, quarterly, half-yearly and annual intervals. An existing Term Allocated Pension is a different product with its own payment and withdrawal restrictions; it should not be treated as an ordinary Frontier pension. Sources2 4	Rest Pension has a separate PDS and investment information. Use its retirement product details when comparing payments, investment choice and charges rather than assuming a Rest Super comparison also covers retirement. Sources4
Advice and support	The product is designed to support an investment portfolio chosen with a financial adviser. An Adviser Service Fee is negotiated separately. Ask for the services and their cost in writing, including what happens to the investment strategy if ongoing advice ends. Sources2 3	Simple personal advice about a Rest account is generally available at no extra cost. More complex advice can incur a fee and Rest states that this may not be payable from the Rest account. Sources3
Fee details to check	The December 2025 fee guide lists a $135.29 annual Member Fee for Personal Super and TTR accounts below the qualifying $50,000 balance, equivalent to $115 after the stated tax benefit. The ordinary pension Member Fee is $115. ANZ Term Deposits and ANZ Cash Advantage have special exclusions, and eligible linked Frontier accounts can request a waiver. A waived Member Fee does not remove investment costs: the selected fund's Ongoing Fee, other investment and transaction costs, any levies or expense recoveries, and advice still need to be included. Some June 2026 APRA externally directed OneAnswer rows contain zero total-cost entries at higher balances that conflict with the fee guide. Those entries should not be interpreted as a free investment account. Sources3 7	Rest's fees combine a weekly administration charge, a percentage administration charge, costs paid from reserves, investment costs and transaction costs. Buy spreads can apply when money enters an option. The current fee page says investment and transaction costs are forecast to increase for the year ending June 2027, so the displayed prior-year cost is not a guaranteed future quote. Sources3 4
Comparing investment performance	Use the exact Frontier investment option, dates and return basis. The legal fund's historical reporting also includes other brands, so its overall result is not a OneAnswer portfolio return. Some options are trustee-directed and receive performance-test results; other externally directed options have no result in the package. An absent test result does not mean a pass or failure. Only OneAnswer Frontier Personal Super pathways are matched to this profile's APRA table. June 2026 figures retain Retirement Portfolio Service ABN 61808189263. They must not be relabelled as current ANZ Smart Choice data after a later transfer. The OneAnswer Investment Portfolio is an investment product outside super and is excluded from this comparison. Sources7	Use returns for the exact option and account type, with a common end date and a clear statement of fees deducted. Growth, Growth - Indexed and Sustainable Growth are distinct strategies and should not share a single performance figure. Keep Growth and Growth - Indexed separate in all fee and return tables. State whether the comparison includes costs paid from reserves and buy spreads. Sources1 2 3 4 5 6

THE SUPERGURU VIEW

Our take on OneAnswer (OnePath)

Editorial assessment

OneAnswer is most useful to assess with the account name and investment list already in front of you. Frontier can accommodate an advised portfolio or a simpler index holding, but there is no default allocation to make that decision for you. For an existing member, the practical questions are what the full account costs, how insurance is arranged, and whether an older product has features a transfer would surrender.

Who might put it on their shortlist

People who want to choose managed investments within a super account, with a clear plan for their asset allocation.
Existing OneAnswer members comparing their exact legacy or Frontier terms before making a change.
Eligible members who want a pension offering connected to the Frontier investment range.

What deserves a closer look

Confirm the full product name. Frontier, older OneAnswer accounts, ANZ Smart Choice and Grow Wrap are not interchangeable.
A Member Fee waiver affects one charge; it does not establish a zero total cost.
Direct insurance is not part of the current Frontier offer. Confirm any separate insurance arrangement before moving an existing balance.
Current product updates can change a fund's name, strategy or availability; a saved investment list may be stale.

Sources3 5 6

Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE SUPERGURU VIEW

Our take on Rest

Editorial assessment

Rest is worth looking at when building a shortlist of simple indexed portfolios. The useful comparison is the whole annual cost at your balance, including administration and any spread on contributions. A zero investment-fee line can be accurate while the account still has other charges.

Who might put it on their shortlist

People comparing indexed investment options within a large fund.
Members who want help with relatively straightforward questions about their super.
Existing Rest members checking whether the current investment option still suits their intended risk level.

What deserves a closer look

Rest's reserve-funded administration costs should be disclosed even though they do not appear as a direct deduction from the account.
Forecast FY2027 investment and transaction cost increases make the cost period important.
ASIC issued two infringement notices totalling $37,560 for alleged misleading representations after insurance was inadvertently activated for more than 2,000 members. Rest paid them in September 2025. Payment of an infringement notice is not a court finding of liability.

Sources3 6

Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

Before choosing between OneAnswer (OnePath) and Rest

Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.

Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.

Read the full OneAnswer (OnePath) profile · Read the full Rest profile · Choose another comparison

Sources for OneAnswer (OnePath)

Checked 2026-09-11. Documents and product terms can change after this date.

Sources for Rest

Checked 2026-09-11. Documents and product terms can change after this date.