Tag: new entrants superannuation
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APRA Report Reveals Superannuation Industry Trends and Consolidation
APRA’s annual release of fund-level superannuation statistics offers insights into Australia’s superannuation industry trends. The industry size, estimated at $2.2 trillion, reflects consolidation and concentration trends, with mega-funds increasing market share. Consolidation activities, including mergers and new entrants, have reshaped the industry landscape. The dominance of big funds, encompassing mega, very large, and large funds,…