Retirement Portfolio Service — superannuation fund performance

Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge

Retirement Portfolio Service reported A$39.9bn of total assets for 451,156 member accounts (average balance A$87k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 10.5%.

What running the fund costs

An expense ratio is the running cost per dollar of savings — 0.5% means 50 cents per A$100 of assets each year. These are the fund's own figures for its reporting year ended 30 June 2025: Payments to related parties — companies connected to the fund's own trustee or owner group — came to A$260.8m, equal to roughly 305.7% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).

The annual performance test

Every year the regulator tests most super products against a benchmark portfolio — fail twice and the product must close to new members. As at 30 June 2024, 34 of this fund's products and options were tested, and every one of them passed:

Showing 12 of 34 tested products/options for this fund (largest first).

Does the insurance pay out?

Most super accounts carry insurance, paid from your balance. The admittance rate is the share of finalised claims the insurer accepted in the year to 30 June 2025 — the single best number for "does this cover actually pay". Over the year it collected A$92.4m in premiums and paid out A$271.8m in claims (claims paid in a year often relate to earlier years' cover, so this is a cash-flow picture, not a loss ratio).

The gender gap in this fund

APRA last published fund-level member demographics for the year to 30 June 2022. In this fund, women's average balance was 18.8% lower than men's:

See also: Australian super in numbers — marketing spend, expenses, the gender gap and two decades of consolidation across all APRA-regulated funds · all tracked plans.