Link Administration (ASX:LNK) has signed a new five-year contract commencing in May 2023 with long-standing client Rest, extending their 30-year partnership.

Link Group's Retirement and Superannuation Solutions business will continue to provide core administration and experience-led customer engagement services to Rest, including selected digital solutions.

Rest is an industry superannuation fund with more than 1.9 million members and approximately $70B in funds under management as of December 2022.

Link Administration's share price is up 7.65% year to date.