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Australian Retirement Trust - QSuper Transition to Retirement Income account

Phase: Transition To Retirement
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Product Overview
Superannuation Product Phase TypeTransition To Retirement
Superannuation Product TypeChoice Product
Open to Public?Yes
Open to New Members?Yes
Open to New Employers Superannuation?No
Superannuation Product Inception Date1996-07-01
Superannuation Product End Date0
Product Size
Member Accounts (rounded to nearest 10)4820
Member Assets1010245000
Investment Overview
Lifecycle Investments?No
Multi-Sector Investments?No
Single Sector Investments?No
Direct Investments?No
Fund Overview
RSE NameAustralian Retirement Trust
RSE ABN60905115063
Fund TypeIndustry
Estimated median account balance47021
Median member age41
Fund Size & Assets (Fund vs Industry)
Membership Growth & Scale (Fund vs Industry)
Age Distribution – Accounts
<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
Age Distribution – Members’ Benefits
<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 by Gender
Members' Benefits : Female165052882000
Members' Benefits : Male181730856000
Account Movements
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%
Contributions
Employer contributions16498836
Member contributions5535497
Defined benefit contributions2522412
Contribution tax and surcharge2836606
Other members’ benefits flows in0
Total Members' benefit flows in21720139
Returns
One-year rate of return 10.1%
Five-year rate of return 6.2%
Ten-year rate of return 5.7%
Insurance
Claims Volume
Insurance Claims Received Count1531
Insurance Claims Withdrawn Count28
Insurance Claims Undetermined Count44
Insurance Claims Declined Count0
Insurance Claims Finalised - Other Count150
Insurance Claims Admitted Count1532
Claims Outcomes & Efficiency
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
Licensee Overview
RSE LicenseeAustralian Retirement Trust Pty Ltd
RSE Licensee Ownership TypeOther ownership type
RSE Licensee Profit StatusNot for profit status
RSE licensee board structureEqual representation required by legislation
Board Directors by Gender
Number of female directors on trustee board5
Number of male directors on trustee board4