The Australian Prudential Regulation Authority (APRA) has released the Annual Superannuation Bulletin for the year ended 30 June 2020.
Key statistics for the superannuation industry as at 30 June 2020:
Total superannuation assets |
$2,874 billion |
Total APRA-regulated assets |
$1,931 billion |
Of which: total assets in MySuper products |
$745 billion |
Total self-managed super fund assets |
$733 billion |
Exempt public sector superannuation schemes assets |
$147 billion |
Balance of life office statutory fund assets |
$63 billion |
Key statistics for entities with more than four members for the year ended 30 June 2020:
Entities with more than four members |
MySuper products |
|
Total contributions |
$121 billion |
$56 billion |
Total benefit payments |
$100 billion |
$27 billion |
Average account balance |
$86,903 |
$48,496 |
Copies of the publication are available on APRA's website at Annual superannuation bulletin.
