APRA releases superannuation statistics for June 2016
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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 2016.
Key statistics for the superannuation industry as at 30 June 2016:
| June 2015 | June 2016 | Change | |
|---|---|---|---|
| Total superannuation assets | $2,036.9 billion | $2,109.9 billion | +3.6% |
| Total APRA-regulated assets | $1,246.2 billion | $1,301.3 billion | +4.4% |
| $428.4 billion | $474.9 billion | +10.9% |
| Total self-managed super fund assets | $603.4 billion | $621.7 billion | +3.0% |
| Exempt public sector superannuation schemes assets | $131.1 billion | $132.1 billion | +0.8% |
| Balance of life office statutory fund assets | $56.1 billion | $54.8 billion | -2.3% |
Key statistics for entities with more than four members for the year ended 30 June 2016:
| June 2015 | June 2016 | Change | |
|---|---|---|---|
| Total contributions | $104.1 billion | $103.8 billion | -0.3% |
| Total benefit payments | $61.0 billion | $64.8 billion | +6.2% |
| Net contribution flows | $39.5 billion | $34.0 billion | -13.9% |
APRA also released a selected feature ‘Pension membership profile’ to supplement the June 2015 edition of the Annual Superannuation Bulletin. This feature contains new pension statistics about account-based pensions, allocated pensions, annuities, other pension benefits and transition to retirement pensions.
Copies of the publications are available at:
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.