Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 36 results for "APRA figures"

Super funds' external fund manager spend hits $2bn

KARREN VERGARA  |  WEDNESDAY, 7 JAN 2026
... fund manager fees last financial year, with nearly 60% of the amount going to equity fund managers, according to APRA figures. The prudential regulator's breakdown of super funds' expenses released in December showed that equity fund managers ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... members, removing the weekly fixed administration fee and dropping the investment fee from 0.20% to 0.18%. According to APRA figures to June end, BUSSQ has about 72,650 member accounts. The median member is aged 42 and has a balance of $44,470.

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... insurers' earnings have more than doubled to $360 million in the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 quarter. Life insurers ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... superannuation funds. Diversa had $13.3 billion in total assets under management across its subplans at the end of June 2024, APRA figures show. Mason Stevens Super Fund, OneSuper, Praemium SMA Superannuation Fund, and the Tidswell Master Superannuation ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... different names. Simple Choice was established in August 2017, while Slate Super came about in July 2020. According to APRA figures, at June end Superhero Super - which was launched in May 2021 - was home to $584 million in retirement savings on behalf ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... comparison, returned 9.3% on average, according to Rainmaker's MySuper Index, thanks to higher tilts in equities. APRA figures show that MySuper funds had 53% invested in equites, of which 28% was in global stocks. Unlike super funds, which enjoy ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
More member assets are held in Choice products than in MySuper options, according to quarterly superannuation industry statistics by APRA. As of March 31, Choice products held $1.09 trillion of the total member assets held in APRA-regulated funds ($2.1 ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
Superannuation assets hit a record high of $3.127 trillion at the end of the March 2021, new APRA figures show. This is a 15.1% increase year on year, APRA said in releasing the quarterly figures, attributing the growth to strong investment performance. ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... recovering coupled with the tapering of superannuation withdrawal requests. "In further positive news the latest APRA figures on superannuation withdrawal requests show fewer than half of the initial 3.4 million applications for a withdrawal in the period ...
PAGE:
1
PREVIOUS
NEXT