APRA releases superannuation statistics for September 2019

The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the September 2019 quarter.

Key statistics for the superannuation industry as at 30 September 2019:

September 2018 September 2019 Change
Total superannuation assets $2,733.2 billion $2,927.5 billion +7.1%
Total APRA-regulated assets $1,807.9 billion $1,970.1 billion +9.0%
Of which: total assets in MySuper products $695.0 billion $779.2 billion +12.1%
Total self-managed super fund assets $729.1 billion $746.2 billion +2.3%
Exempt public sector superannuation schemes assets $143.4 billion $150.9 billion +5.2%
Balance of life office statutory fund assets $52.9 billion $60.3 billion +14.1%

Over the September 2019 quarter, there was an increase of 1.9 per cent in total superannuation assets, comprising an increase of 2.3 per cent in APRA-regulated assets, an increase of 0.5 per cent in self-managed super fund assets, an increase of 1.7 per cent in exempt public sector superannuation schemes assets and an increase of 4.3 per cent in balance of life office statutory fund assets.

Key statistics for entities with more than four members for the year ended 30 September 2019:

September 2018 September 2019 Change
Total contributions $110.9 billion $117.2 billion +5.7%
Total benefit payments $72.0 billion $80.1 billion +11.2%
Net contribution flows $36.1 billion $38.6 billion +7.1%

Copies of the publications are available on APRA’s website at: Quarterly superannuation statistics.

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