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

Search Results

Showing 1 - 10 of 30 results for "APRA figures"

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 ...

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. ...
PAGE:
1
PREVIOUS
NEXT