Total funds under management (FUM) in the wholesale market of pooled superannuation and wholesale trusts decreased by 14.4 per cent from June 2007-08, dropping $53.4 billion to $317.3 billion, according to the Analysis Market Share Report released by Dexx&r.
Total retail and wholesale FUM dropped by $115 billion to $849 billion in the last year, a drop of 11.9 per cent. It decreased by 3.7 per cent in the June quarter.
The employer superannuation market declined by a small 0.3 per cent for the quarter to $77.4 billion, while the personal superannuation market suffered a decline of 15.3 per cent, a fall of $29.5 billion, over 12 months to June.
Delayed climate action could wipe hundreds of billions from superannuation balances by 2050, according to new analysis from Ortec Finance.
APRA deputy chair Margaret Cole has called on superannuation trustees to accelerate efforts to support members moving into retirement and to strengthen protections against growing cyber and operational risks.
Super trustees need to be prepared for the potential that the AI rise could cause billions of assets to shift in superannuation, according to an academic from the University of Technology Sydney.
AMP’s superannuation business has returned to outflows in the third quarter of 2025 after reporting its first positive cash flow since 2017 last quarter.