How Australia Saves 2019

Click to download

Executive Summary

The Australian superannuation system is a vital component of the nation’s retirement income policy framework.

Having grown from modest beginnings to near-universal coverage of the working population, the system is on its way to reaching maturity as a vehicle for all facets of accumulation, management and drawdown of retirement assets.

This report focuses on the 3-year period to 30 June 2018, and on deep analysis of transaction-level data from three large multi-industry superannuation funds; First State Super, Sunsuper, and VicSuper. These three funds have a combined membership of over two million, over 200,000 registered employers and total assets under management of $167.8 billion at 30 June 2018.

Combined these funds held around 6% of total Australian superannuation system assets, or just under 10% of assets managed by profit-for-members superannuation funds at 30 June 2018. Note the study does not include SMSFs.

 

(Click on the cover page image for the full document).

 

Sponsor White Papers (click here to see all previous papers)

Wikipedia defines a White Paper as “an authoritative report or guide informing in a concise manner about a complex issue and presenting the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

Print Friendly, PDF & Email
No comments yet.

Leave a Comment:

This site uses Akismet to reduce spam. Learn how your comment data is processed.