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Sovereign Wealth Funds Briefing - Categorized | Performance

Superannuation assets hit $1.62 trillion

Posted on 23 August 2013

The size of the superannuation industry rose by 15.5 per cent in the 12 months to 30 June 2013, to $1.62 trillion. The Australian Prudential Regulation Authority’s (APRA’s) Quarterly Superannuation Performance report found total superannuation assets increased by $217.2 billion for the year to 30 June 2013, and $35.1 billion (2.2 per cent) for the June 2013 quarter.
While the self-managed superannuation fund (SMSF) sector still makes up the largest proportion of the industry at 31.3 per cent of assets, it recorded the smallest increase at 0.8 per cent………………………………………..Full Article: Source


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