APRA releases superannuation statistics for June 2015

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The Australian Prudential Regulation Authority (APRA) today released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the June quarter 2015.

At 30 June 2015, total superannuation assets, which include the assets of self-managed superannuation funds and the balance of life office statutory funds, were $2.0 trillion, a decrease of 1.6 per cent over the quarter and an increase of 9.9 per cent from the June 2014 quarter.

Total assets in MySuper products totalled $428.0 billion at the end of the June 2015 quarter. Over the 12 months from June 2014 there was an 18.2 per cent increase in total assets in MySuper products.

Contributions to funds with more than four members over the June 2015 quarter were $30.2 billion, up 8.2 per cent from the June 2014 quarter ($27.9 billion). Total contributions for the year ending June 2015 were $103.9 billion.

There were $16.8 billion in total benefit payments in the June 2015 quarter, an increase of 17.0 per cent from the June 2014 quarter ($14.4 billion). Total benefit payments for the year ending June 2015 were $61.0 billion.

Net contribution flows (contributions plus net benefit transfers less benefit payments) totalled $12.7 billion in the June 2015 quarter, an increase of 1.2 per cent from the June 2014 quarter ($12.5 billion). Net contribution flows for the year ending June 2015 were $39.3 billion.

Refer to the Quarterly Superannuation Performance and Quarterly MySuper Statistics publications.