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Showing 11 - 20 of 36 results for "APRA figures"

ERS applications flat line

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
There appears to be an end in sight for the withdrawal of Australian's retirement savings, with the latest APRA figures showing the amount of applications has flat lined at around three million. Over the week to September 6, only 49,000 applications ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... not for profit (NFP) funds that hold half, each segment fell by about the same in dollar terms. Explaining this, APRA figures show retail super to have 24% exposure to Australian equities compared to just 15% by not for profit (NFP) super funds. Industry ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... Dunnin's comments come after the OECD published it's Pension Markets in Focus report at the end of October, which used APRA figures to declare Australian super members are charged just 0.5% of total assets in fees or commissions to have their retirement ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Retail superannuation funds copped a battering of outflows as latest APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... is broadly effective and delivering objectives for retirees - but it is still leaving some members behind. Citing APRA figures, members aged 65 and over have $800 billion tucked away in superannuation accounts. Members in a not-for-profit fund tend to ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... funds to educate the wider public about their benefits and the difference they bring to members' retirement. Citing APRA figures, Scheerlinck said $11 billion flowed out of retail funds during 2018, while profit-to-member funds received record inflows. ...

Superannuation smashes gender diversity goals

KARREN VERGARA  |  SUNDAY, 3 FEB 2019
The superannuation fund industry has smashed industry targets of female representation on boards, latest APRA figures show. The number of women represented on boards has increased 9.2% over the last four years, according to APRA's annual super bulletin. ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... deficit at $182bn Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures released earlier this year. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
The SMSF segment of the superannuation system suffered more in the recent market correction, the latest APRA figures for the September quarter show. Total super assets dropped in the September quarter by 1.6% from $2.03 trillion to $1.99 trillion. For ...