Superannuation Funds in Australia - Market Research Report

Superannuation Funds industry trends (2014-2019)

poll Average industry growth 2014–2019: -3.8%

Australia's superannuation system underpins the nation's retirement income system. Three pillars make up the pension system: a means-tested age pension, compulsory super contributions and voluntary savings. The Superannuation Guarantee scheme requires employers to contribute an amount equal to 9.5% of an employee's income to the employee's choice of superannuation fund. This system has supported significant growth in the Superannuation Funds industry, which has become one of the largest pension systems in the world. Industry revenue is expected to grow at an annualised 0.8% over the five years through 2019-20, to $187.0 billion. This includes an anticipated 9.6% rise in revenue in 2019-20. The industry's revenue growth has largely been due to the ri...
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Superannuation Funds industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Caps on concessional and non-concessional contributions, and changes in the regulatory environment are likely to constrain the industry's growth over the five years through XXX-XX. However, the industry is forecast to continue growing over the period, as its expanding asset base supports increased investment revenue. The performance of the global economy and both local and overseas sharemarkets also influence the industry, and any slowdown is likely to affect superannuation funds due to the increasing globalisation of financial markets. Industry revenue is projected to rise at an annualised X.X% over the next five years, to $XX.X billion. A more accurate measure of industry size is assets under administration, which are forecast to grow at an annuali...
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Superannuation Funds industry statistics

  • attach_money Market Size: $171bn
  • business Number of Businesses: 619,351
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 10,413

Biggest companies in the Superannuation Funds industry

The companies holding the largest market share in the Superannuation Funds in Australia industry include AustralianSuper, AMP Limited and QSuper.

  • pie_chart AustralianSuper Market Share: x.x%
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  • pie_chart AMP Limited Market Share: x.x%
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  • pie_chart QSuper Market Share: x.x%
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What is Superannuation Funds industry?

Industry Definition

The industry provides retirement benefits to members and includes both large and small funds. Industry revenue primarily consists of investment revenue. Investment revenue is income earned from investments and capital gains or losses. Enterprises represent the major funds (i.e. super funds with five or more members) and establishments include all super funds.

Industry Products and Services

  • Corporate funds
  • Industry funds
  • Public sector funds
  • Retail funds
  • Small funds

Industry Activities

  • Operating approved deposit funds
  • Operating corporate funds
  • Operating public sector funds
  • Operating industry funds
  • Operating retail funds
  • Operating SMSFs

Market research report - table of contents

Industry Definition

The industry provides retirement benefits to members and includes both large and small funds. Industry revenue primarily consists of investment revenue. Investment revenue is income earned from investments and capital gains or losses. Enterprises represent the major funds (i.e. super funds with five or more members) and establishments include all super funds.

Main Activities

  • Operating approved deposit funds
  • Operating corporate funds
  • Operating public sector funds
  • Operating industry funds
  • Operating retail funds
  • Operating SMSFs

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Investment returns are the main driver of industry revenue. More than half of operators' fund assets are allocated to equity investments. These investment...
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All Ordinaries index
Total employees in the labour force
10-year bond rate
Real household discretionary income

Current Performance

Regulation and taxes
Retail versus industry
Pressure on fees
 Chart: Revenue Growth

Industry Outlook

Regulation
Consolidation
 Table: Superannuation Funds in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Superannuation Funds in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Life Insurance in Australia
Custody, Trustee and Stock Exchange Services in Australia
Financial Planning and Investment Advice in Australia
Superannuation Funds Management Services in Australia



Products & Services

The Superannuation Funds industry's product segments are broken down by assets held in the different fund types. A push towards lower fees has benefited i...
People aged 50 to 59
People aged 35 to 49
People aged under 35



Demand Determinants

Revenue for superannuation funds is largely driven by the investment performance of various funds. However, demand for superannuation funds consists of tw...
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Major Markets

People aged 50 to 59
People aged 35 to 49
People aged under 35




 Chart: Major Market Segmentation for the Superannuation Funds in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Superannuation Funds industry exhibits low market share concentration. The four largest superannuation funds are estimated to account for less than 20...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Superannuation Funds in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Superannuation Funds in Australia - Market Research Report Industry

Industry Globalization

AustralianSuper is an industry super fund and the largest super fund in Australia by total assets under management. AustralianSuper was formed in 2006, fo...
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AustralianSuper

 Table: AustralianSuper - financial performance

AMP

 Table: AMP - financial performance

QSuper

 Table: QSuper - financial performance

Capital Intensity

The industry exhibits low capital intensity. Apart from investment in computers and similar IT infrastructure, the industry does not incur any material de...
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 Chart: Level of Capital Intensity for the Superannuation Funds in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Superannuation Funds in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

DEFINED BENEFIT

DEFINED CONTRIBUTION

NON-PUBLIC OFFER

PRESERVATION AGE

SELF-MANAGED SUPERANNUATION FUNDS (SMSF)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Superannuation Funds in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Superannuation Funds in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
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