Note: Every 3 months, we update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest statistics available, as of June 2011 (for data as at 31 March 2011). We expect APRA to release further data in September 2011.
Individuals running DIY super funds control 32% ($432.4 billion) of the $1.36 trillion invested via Australian superannuation funds. Ten years ago, DIY super funds represented one-tenth (10%) of all superannuation money.
SMSFs lead in market share
The money held in
Increase in value of assets for 3 months to 31 March 2011
All superannuation sectors grew in terms of total assets during the 3 months to March 2011, although the SMSF sector retained its leading market share.
According to APRA, over the entire superannuation sector, total fund asset values increased by 3.3% for the March 2011 quarter to $1.36 trillion. Over the 12-month period to March 2011, total fund assets increased by 8.6%.
I explain the five main super fund sectors in the article, Comparing super funds: Who’s who in the super zoo. The article is updated quarterly with the latest statistics on the types of funds and how many super funds of each type are available.
See also
- Comparing super funds: Who’s who in the super zoo
- Ten handy uses for the APRA200 performance list
- SMSFs: Can I purchase health insurance within my DIY super fund?
- SMSFs: More money for Superannuation Complaints Tribunal
- SMSF investment: Where does all the DIY super money go?
