The Australian Prudential Regulation Authority (APRA) has released the Annual Superannuation Bulletin for the year ended 30 June 2022.
Key statistics for the superannuation industry as at 30 June 2022:
Total superannuation assets | $3,345 billion |
Total APRA-regulated assets | $2,259 billion |
Of which: total assets in MySuper products | $881 billion |
Total self-managed super fund assets | $869 billion |
Exempt public sector superannuation schemes assets | $154 billion |
Balance of life office statutory fund assets | $63 billion |
Key statistics for entities with more than six members for the year ended 30 June 2022:
Entities with more than six members | MySuper products | |
Total contributions | $146 billion | $71 billion |
Total benefit payments | $85 billion | $15 billion |
Average account balance | $104,710 | $58,742 |
Copies of the publication are available on APRA’s website at: Annual superannuation bulletin.