APRA has released its Quarterly Superannuation Performance for the June 2021 quarter reporting total super assets of $3.303 trillion at the end of the June 2021 quarter (up 14.7 per cent for the year due to strong investment performance and contributions growth). Total assets in MySuper were up 22.5 per cent to $903bn, while self-managed super fund (SMSF) assets were up 10.8 per cent to $822bn at June 2021.
Total contributions were up 5 per cent to $127bn, while total benefit payments were down 5.5 per cent to $94.4bn for the year ending June 2021.