APRA releases annual superannuation statistics for 2017/18 financial year
The Australian Prudential Regulation Authority (APRA) has released its annual superannuation statistics for the year ended 30 June 2018.
Key statistics for the superannuation industry as at 30 June 2018:
Total superannuation assets | $2,718.4 billion |
Total APRA-regulated assets | $1,774.0 billion |
Of which: total assets in MySuper products | $677.5 billion |
Total self-managed super fund assets | $749.9 billion |
Exempt public sector superannuation schemes assets | $142.2 billion |
Balance of life office statutory fund assets | $52.3 billion |
Entities with more than four members | MySuper products | |
|---|---|---|
Total contributions | $107.3 billion | $55.4 billion |
Total benefit payments | $70.4 billion | $11.3 billion |
Average account balance | $69,807 | $41,735 |
The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $6.5 trillion in assets for Australian depositors, policyholders and superannuation fund members.
Media enquiries
Contact APRA Media Unit, on +61 2 9210 3636
All other enquiries
For more information contact APRA on 1300 558 849.
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 $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.