| Superannuation Product Phase Type | Defined Benefit |
|---|---|
| Superannuation Product Type | Defined Benefit Product |
| Open to Public? | No |
| Open to New Members? | No |
| Open to New Employers Superannuation? | Yes |
| Superannuation Product Inception Date | 2022-02-28 |
| Superannuation Product End Date | 0 |
| Member Accounts (rounded to nearest 10) | 23320 |
|---|---|
| Member Assets | 11775859000 |
| Lifecycle Investments? | No |
|---|---|
| Multi-Sector Investments? | No |
| Single Sector Investments? | No |
| Direct Investments? | No |
| RSE Name | Australian Retirement Trust |
|---|---|
| RSE ABN | 60905115063 |
| Fund Type | Industry |
| Estimated median account balance | 47021 |
|---|---|
| Median member age | 41 |
| <25 | 13.28 |
|---|---|
| 25 to 29 | 11.9 |
| 30 to 34 | 11.62 |
| 35 to 39 | 10.8 |
| 40 to 44 | 10.4 |
| 45 to 49 | 9.07 |
| 50 to 54 | 8.99 |
| 55 to 59 | 7.78 |
| 60 to 64 | 6.46 |
| 65 to 69 | 4.66 |
| 70 to 74 | 2.79 |
| 75 to 84 | 2.06 |
| 85+ | 0.18 |
| <25 | 0.9 |
|---|---|
| 25 to 29 | 2.42 |
| 30 to 34 | 4.56 |
| 35 to 39 | 7.19 |
| 40 to 44 | 9.98 |
| 45 to 49 | 11.06 |
| 50 to 54 | 13.81 |
| 55 to 59 | 14.87 |
| 60 to 64 | 13.67 |
| 65 to 69 | 10.21 |
| 70 to 74 | 6.23 |
| 75 to 84 | 4.69 |
| 85+ | 0.35 |
| Members' Benefits : Female | 165052882000 |
|---|---|
| Members' Benefits : Male | 181730856000 |
| Number of member accounts at beginning of period | 2491213 |
|---|---|
| Number of new member accounts | 269722 |
| Of which: Rollovers | 24533 |
| Of which: Successor funds transfers | 22536 |
| Number of closed member accounts | 313942 |
| Number of member accounts at the end of period | 2446993 |
| Net movement in the number of member accounts | -44220 |
| Growth in the number of member accounts | -2% |
| Employer contributions | 16498836 |
|---|---|
| Member contributions | 5535497 |
| Defined benefit contributions | 2522412 |
| Contribution tax and surcharge | 2836606 |
| Other members’ benefits flows in | 0 |
| Total Members' benefit flows in | 21720139 |
| One-year rate of return | 10.1% |
|---|---|
| Five-year rate of return | 6.2% |
| Ten-year rate of return | 5.7% |
| Insurance Claims Received Count | 1531 |
|---|---|
| Insurance Claims Withdrawn Count | 28 |
| Insurance Claims Undetermined Count | 44 |
| Insurance Claims Declined Count | 0 |
| Insurance Claims Finalised - Other Count | 150 |
| Insurance Claims Admitted Count | 1532 |
| Insurance Claims Admitted Amount | 206532.13 |
|---|---|
| Claims Admittance Rate (1 year) | 97.2% |
| Claims Admittance Rate (5 years) | 95.1% |
| Insurance Average Claim Duration Number (Admitted claims) | 89.11 |
| RSE Licensee | Australian Retirement Trust Pty Ltd |
|---|---|
| RSE Licensee Ownership Type | Other ownership type |
| RSE Licensee Profit Status | Not for profit status |
| RSE licensee board structure | Equal representation required by legislation |
| Number of female directors on trustee board | 5 |
|---|---|
| Number of male directors on trustee board | 4 |