On 27.11.18, the Australian Prudential Regulation Authority (APRA) released its Statistics reports for the September 2018 quarter.

Total asset sizes, by category of superannuation funds – at 30 September 2018 (compared with 30 Sept 2017):
  • Total superannuation assets: $2,759 b (+8.8% over $2,536 billion – one year earlier)
    • Total ‘APRA regulated’ assets: $1,808 b (+10.4% over $1,637 b – one year earlier)
      • Of which: ‘MySuper’ total assets: $695 b (+13.9% over $610 b – one year earlier)
    • Total ‘Self Managed Super Fund’ (SMSF) assets: $775 b (+6.7% over $707 b – one year earlier) – note: this is about 28% of the total pool of superannuation assets and more than total ‘MySuper’ assets.
    • Exempt public sector superannuation schemes assets: $143 b (+4.6% over $137 b – one year earlier)
    • Balance of life office statutory fund assets: $53 b (-3.1% over $55 b – one year earlier)
The investment allocation, of the APRA regulated funds, with more than 4 members, as at the end of the September 2018 quarter, was
  • Equities: 51.5 per cent of the $1.7 trillion investments, with
    • 24.7 per cent in international listed equities,
    • 22.8 per cent in Australian listed equities and
    • 3.9 per cent in unlisted equities.
  • Fixed income and cash investments accounted for 31.1 per cent of investments, with
    • 21.0 per cent in fixed income and
    • 10.1 per cent in cash.
  • Property and Infrastructure: 13.6%
  • Other assets (including hedge funds and commodities): 3.8 per cent

The annual industry-wide rate of return (ROR) for entities with more than four members:

  • For the year ending September 2018 was 8.1 per cent.
  • The five year average annualised ROR to September 2018 was 7.3 per cent, with:
    • 5% for Sept 2013
    • 7% for Sept 2014
    • 7% for Sept 2015
    • 9% for Sept 2016
    • 8.5% for Sept 2017
    • 7% for Sept 2018
Numbers of funds by sector as at 30 Sept 2018:
  • Total APRA Regulated funds: 2.215, including:
    • Entities with more than 4 members: 198
      • Corporate: 24
      • Industry: 48
      • Public Sector: 18
      • Retail: 118
    • Small APRA funds: 1,976
    • Pooled Superannuation Trusts: 29
    • Single member ADFs: 12
  • Self managed super funds: 596,059
  • Exempt schemes: 19
FJM 8.12.18

CPD questions (answers available)

  1. Are total superannuation assets (at 30.90.18) nearly $2.8 b?
  2. What was the percentage increase or decrease in the size of this pool of assets, over the year to 30 Sept 2018?
  3. What percentage of total superannuation assets are held by SMSFs?
  4. In what asset class was the the highest property on the total superannuation asset pool invested (and what was the percentage)?
  5. How many Industry Funds are there?
  6. How many SMSFs are there?

Click here - to sign up ($11 per month)

or

LOG IN - to see the whole article.

About the author