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FIND MY SUPER

 Australia's first and most popular website committed to helping Australians find and consolidate their Superannuation.

Super accounts held by each Australian

At 30 June 2016, over 14.8 million Australians had a super fund account. Approximately 43% of these people have more than one super account.

Total Superannuation assets as at the end of March 2017 was $2.3 trillion.

The number of total member accounts increased from 28.4 million at June 2006 to 32 million at June 2010 before decreasing to 28.0 million at June 30, 2016. The new "My Super" accounts stand at 14.9 million accounts at June 2016.

Note: Figures are based on member data reported by funds and lodged with The Australian Taxation Office by 30 June 2016.

Number of super accounts

Number of accounts Percentage of people Male Female
1 account 57% 51% 49%
2 account 25% 52% 48%
3 account 10% 54% 46%
4 account 4% 56% 44%
5 account 2% 59% 41%
6 - 23 account 2% 64% 36%

Mean superannuation balance.

Characteristics Age $ % with Super
Males 15+ 98,535 73
Females 15+ 54,916 66
Males 30 - 34 36,373 89
Females 30 - 34 25,549 82
Males 60 - 64 292,510 79
Females 60 - 64 138,154 65

Source: ASFA 201

Number of super accounts by age

Age 1 account 2 account 3 or more accounts
Under age 18 96.65% 3.19% 0.15%
18 to 25 67.62% 23.43% 8.95%
26 to 30 55.76% 26.71% 17.53%
31 to 35 52.82% 25.81% 21.36%
36 to 40 49.99% 25.88% 24.13%
41 to 45 49.12% 26.48% 24.40%
46 to 50 49.81% 27.52% 22.67%
51 to 55 52.51% 27.83% 19.67%
56 to 60 56.31% 27.53% 16.16%
61 to 65 62.54% 25.43% 12.03%
66 or more 79.32% 16.13% 4.55%

Number of super accounts by region

State 1 account 2 account 3 or more accounts
ACT 51.97% 28.18% 19.85%
NSW 56.98% 25.49% 17.53%
NT 48.71% 27.31% 23.98%
QLD 52.16% 26.21% 21.63%
SA 57.63% 26.31% 16.06%
TAS 57.82% 26.15% 16.04%
VIC 59.23% 25.19% 15.59%
WA 53.00% 26.50% 20.50%

Lost and ATO-held super

At 30 June 2016, there were a total of over 5.7 million lost and ATO-held accounts with a total value of just over $14 billion.

Lost uncontactable and lost inactive accounts are still held by super funds, whereas unclaimed super money and superannuation holding accounts (SHA) special account is held by us.

Totals may not equal the sum of their parts due to rounding.

* The decrease in both account and value in the lost uncontactable and lost inactive category is due to 're-fresh' of the lost member register.


Account numbers (000s)

Category 2013 - 14 2014 - 15 2015 - 16
Fund held
*Lost uncontactable 828 665 267
*Lost inactive 886 727 325
ATO held
Unclaimed (general, small & insoluble) 3,502 3,796 4,085
Unclaimed (temporary resident) 793 776 781
Superannuation holding accounts (SHA) active 161 168 194
Superannuation holding accounts (SHA) inactive (consolidated revenue) 58 62 64
Total 6,228 6,194 5,716

Account values ($m)

Category 2013 - 14 2014 - 15 2015 - 16
Fund held
*Lost uncontactable $6,289 $5,839 $4,723
*Lost inactive $8,092 $7,744 $6,927
ATO held
Unclaimed (general, small & insoluble) $1,742 $2,008 $2,472
Unclaimed (temporary resident) $575 $571 $585
Superannuation holding accounts (SHA) active $72 $69 $91
Superannuation holding accounts (SHA) inactive (consolidated revenue) $11 $13 $13
Total $16,781 $16,244 $14,811

Lost and inactive accounts by age 2015 - 16

Age Account numbers Account values ($m)
Unknown 1,273 $10
18 or younger 28 $0.30
19 to 24 2,900 $23
25 to 30 36,431 $364
31 to 35 80,907 $1,064
36 to 40 103,168 $1.725
41 to 45 113,531 $2,298
46 to 50 93,711 $2,162
51 to 55 75,164 $1,849
56 to 60 50,603 $1,270
61 to 65 27,112 $680
66 o more 6,794 $205
Total 591,622 $11,650
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