Report – APRA Performance briefing pack for the September 2024 quarter

SMC’s analysis of the September 2024 quarter, APRA Performance figures, show:

• Total superannuation assets rose by 3.7 per cent in the September 2024 quarter to $4.08 trillion and were 13.4 per cent higher than a year ago.
• Among the sectors, industry funds recorded the strongest growth in the September quarter with funds under management (FUM) up $59.8 billion (4.4 per cent) to $1.43 trillion.
• Overall net returns for entities with more than six members increased 3.7 per cent in the quarter and have increased by 13.3 per cent on an annual basis.