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.
