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Showing 31 - 40 of 49 results for "APRA statistics"

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... worthy of note," the report reads. This will likely be helped along by individual member movements, with latest APRA statistics showing the shift in assets across super funds over the last 12 months. Data for the December 2018 quarter shows assets held ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... impacted by the changes if legislated. The top 10 is rounded out by MLC Super, Commonwealth Bank and Cbus, based on APRA statistics for the September 2018 quarter. Rainmaker executive director of research Alex Dunnin said if successful, the reforms are ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...

The case for indexed annuity bonds

KARREN VERGARA  |  MONDAY, 30 JUL 2018
... local and state governments to fund public assets without controversial privatisation," the report said. Citing APRA statistics, the report noted half of superannuation assets is invested in equities, while one-third is held in cash and short-term fixed ...

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows, which ...

Group insurance awareness encouraging: MetLife

KARREN VERGARA  |  TUESDAY, 12 DEC 2017
... conversations around life insurance taking place in the media and from a political perspective, adding that based on APRA statistics, 92% claims are in fact paid. The good news is that the awareness is there, and the next step will be working with the ...

Superannuation savings reach $2.5 trillion

EMMA RAPAPORT  |  FRIDAY, 24 NOV 2017
Australian's superannuation assets have hit $2.5 trillion for the first time, according to the latest APRA statistics. Figures show an 8.7% increase over the 12 months from September 2016 from $2.3 trillion to $2.5 trillion in total superannuation assets. ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... make losses on disability products, particularly individual disability cover, as claim costs rise rapidly. Citing APRA statistics, the past three years saw the sector lose more than $1 billion on individual disability policies, including $427 million ...

SMSF trustees remain prudent investors

DARREN SNYDER  |  WEDNESDAY, 2 NOV 2016
... allocation of SMSF trustees has not performed as well compared to alternative funds, it is still within reach. APRA statistics for the 2015 financial year, for example, show the return for SMSFs after expenses (excluding contributions) to be 5.7%. This ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... 2016. This is despite revenue halving in the period, from $32.1 billion in FY15 to $16.5 billion in FY16. The APRA statistics also showed superannuation life insurance business was able to halve its total expenses last year, from $29.1 billion to $14.7 ...