Your super at work: the latest APRA stats

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Performance

The latest Australian Prudential Regulation Authority (APRA) quarterly super report (not including self-managed super funds) shows, that for the year to September 2018:

  • Returns across the industry were 8.1%, and

  • Annualised 7-year average returns were 7.3%.

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Super funds in Australia: 5 year average annualised rate of return*

Industry overview

  • There was an 8.8% increase in total super assets to $ 2.8 trillion at the end of the September 2018 quarter, and

  • Super contributions were up by 12.2%.

Where did funds invest?

  • 51.5% in shares – 24.7% international listed, 22.8% Australian listed and 3.9% unlisted equities;

  • 31.1% in fixed income /cash – 21% fixed income and 10.1% cash;

  • 13.6% property and infrastructure; and

  • 3.8% in other assets, including hedge funds and commodities

Payment of benefits

  • There was an increase of 9.7% in total benefit payments in the September 2018 quarter compared with September 2017 ($19.0 billion vs $17.3 billion), and

  • Benefits comprised 48% lump sum payments and 52% pension payments.

More information

For more details, here is the link to the 27 November 2018 APRA report*.

Next steps

Call us for a quick chat or drop us a line for more information and if you’d like a hand with getting your super sorted.