The Australian Prudential Regulation Authority (APRA) has released the Annual Superannuation Bulletin for the year ended 30 June 2021.
Key statistics for the superannuation industry as at 30 June 2021:
Total superannuation assets | $3,307 billion |
Total APRA-regulated assets | $2,267 billion |
Of which: total assets in MySuper products | $901 billion |
Total self-managed super fund assets | $822 billion |
Exempt public sector superannuation schemes assets | $164 billion |
Balance of life office statutory fund assets | $54 billion |
Key statistics for entities with more than four members for the year ended 30 June 2021:
Entities with more than four members | MySuper products | |
Total contributions | $127 billion | $62 billion |
Total benefit payments | $95 billion | $25 billion |
Average account balance | $106,162 | $59,768 |
Copies of the publication are available on APRA’s website at: Annual superannuation bulletin