2023 annual superannuation performance test – accessible version of dashboards

Superannuation

The complete view of the results of the 2023 Annual Superannuation Performance Test are available here.

MySuper performance test – August 2023

Assets and Member Accounts are as at 30 June 2023.

MySuper products

  • Total – 64
  • Pass – 63 (98.44%)
  • First time fail – 0
  • Repeat fail^ - 1 (1.56%)

Member accounts*

  • Total – 14.3m
  • Pass – 14.2m (99.97%)
  • First time fail – 0
  • Repeat fail – 4k (0.03%)

Total assets

  • Total – $911bn
  • Pass - $910.5bn (99.98%)
  • First time fail - $0
  • Repeat fail - $151.1m (0.02%)

 

Trustee directed products (TDP) platform performance test – August 2023

TDP platform products

  • Total – 305
  • Pass – 229 (75%)
  • Fail – 76 (25%)

Member accounts*

  • Total – 196k
  • Pass – 172k (88%)
  • Fail – 24k (12%)

Total assets

  • Total – $19bn
  • Pass - $17.0bn (88%)
  • Fail - $2.3bn (12%)

Assets and Member Accounts are as at 30 June 2023.

Trustee directed products (TDP) non-platform performance test – August 2023

TDP non-platform products

  • Total – 500
  • Pass – 480 (96%)
  • Fail – 20 (4%)

Member accounts*

  • Total – 3.8m
  • Pass – 3.7m (99%)
  • Fail – 36k (1%)

Total assets

  • Total – $341bn
  • Pass - $338.9bn (99%)
  • Fail - $1.7bn (1%)

Assets and Member Accounts are as at 30 June 2023.

 

 

^Closed to new members.

*Members may hold more than one account so the number of member accounts likely overstates the number of members.

Footnotes

    The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $10.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.