Box 1: Totals

• As at 31 December 2025, total member assets of the Superannuation Industry were $2.83 trillion^, spread across 892 superannuation products and 23.4 million member accounts.
• Of the 892 superannuation products, 51 were MySuper products*, 729 were Choice products and 112 were defined benefit products.
• Of the $2.83 trillion of member assets, $1,185 billion were in MySuper products, $1,500 billion were in Choice products and $150 billion were in Defined Benefit products.
• Of the 23.4-million-member accounts, 14.9 million were in MySuper products, 7.8 million were in Choice products and 0.7 million were in Defined benefit products.

Box 2: Choice products

• Of the 729 Choice products, 419 were Accumulation products, 111 were Transition to Retirement products and 199 were Retirement products.
• Of the $1,500 billion of member assets in Choice products, $927 billion were in accumulation products, $17 billion were in Transition to retirement products and $555 billion were in Retirement products.
• Of the 7.8-million-member accounts in Choice products, 6.3 million were in accumulation products, 0.1 million were in Transition to retirement products and 1.4 million were in Retirement products.

Box 3: Average member account balances

• MySuper members had an average account balance of $79k.
• Choice accumulation members have an average account balance of $147k.
• Choice transition to retirement members had an average account balance of $258k.
• Choice retirement members had an average account balance of $393k.
• Defined benefit members had an average account balance of $218k.

Box 4: Choice product Investment Option Breakdown

• There were 17,103 choice single sector investment options making up 28.3% of member assets in choice products.
• There were 7,336 choice multi-sector investment options, making up 67.2% of member assets in choice products.
• There were 34,163 choice direct assets investment options, making up 4.5% of member assets in choice products.

Box 5: Investments via platform products

• Investments via platform products represented $424.2 billion or 28.3% in choice member assets.

Box 6: Member Accounts and Average Balance by Age

• This chart shows the number of member accounts and average member balance between age brackets under 25 years of age and over 85 years of age.

Footnotes

• ^Data is current as at 31 December 2025 and covers all APRA regulated superannuation entities with more than six members. Product composition data excludes Exempt Public Sector Superannuation Scheme entities.