Legislative Council
Fifty-Fifth Parliament, First Session (55-1)
55
1
Parliament of South Australia
Legislative Council
published
Answers to Questions
Super SA
Super SA
The Hon. H.M. GIROLAMO
Legislative Council
Deputy Leader of the Opposition
Super SA
417 The Hon. H.M. GIROLAMO ().27 November 2024). Can the Treasurer advise:
1.	Broken down by quarter in a table format, the take up rate of Super SA funds from FY2022-23 to present? Including the portion of members who have elected an alternative fund following the introduction of choice of fund?
2.	Broken down by quarter in a table format, the investment results of Super SA products from FY2022-23 to present?
The Hon. K.J. MAHER
Legislative Council
Minister for Aboriginal Affairs
Attorney-General
Minister for Industrial Relations and Public Sector
Special Minister of State
Super SA
The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector, Special Minister of State): The Treasurer has advised:
Total membership numbers by product type:
| Product |
2022-23 |
2023-24 |
| Triple S |
177,907 |
180,128 |
| Flexible Rollover Product |
8,074 |
8,437 |
| Income Stream |
13,381 |
13,912 |
| Superannuants |
13,262 |
12,486 |
| Pension |
207 |
158 |
| Lump Sum |
1,920 |
1,649 |
| SA Ambulance |
567 |
525 |
To 30 November 2024, 7,775 members have made a fund selection.
Investment returns across products at 30 November 2024:
Triple S
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
3.10% |
3.90% |
6.63% |
14.65% |
5.02% |
6.56% |
7.54% |
| High Growth |
3.44% |
4.76% |
7.71% |
16.44% |
5.79% |
7.28% |
8.63% |
| Socially Responsible |
3.82% |
4.24% |
7.86% |
15.08% |
4.66% |
6.84% |
7.09% |
| Moderate |
2.44% |
3.00% |
5.51% |
12.28% |
4.14% |
4.87% |
6.09% |
| Stable |
1.89% |
2.36% |
4.49% |
9.62% |
2.94% |
3.49% |
4.82% |
| Capital Defensive |
1.44% |
1.69% |
3.61% |
7.45% |
2.08% |
2.31% |
3.60% |
| Cash |
0.36% |
1.14% |
1.94% |
4.62% |
3.17% |
2.01% |
2.02% |
Income Stream
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
3.13% |
3.93% |
6.72% |
14.91% |
5.52% |
6.83% |
7.66% |
| High Growth |
3.47% |
4.76% |
7.83% |
16.69% |
6.22% |
7.57% |
8.86% |
| Socially Responsible |
3.83% |
4.30% |
7.98% |
15.58% |
5.06% |
7.09% |
7.44% |
| Moderate |
2.47% |
3.03% |
5.52% |
12.36% |
4.48% |
5.05% |
6.13% |
| Stable |
1.90% |
2.29% |
4.49% |
9.71% |
3.22% |
3.50% |
4.76% |
| Capital Defensive |
1.47% |
1.61% |
3.63% |
7.51% |
2.27% |
2.27% |
3.46% |
| Cash |
0.36% |
1.14% |
1.95% |
4.65% |
3.19% |
2.02% |
2.01% |
TTR–Income Stream
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years (1) |
| Balanced |
2.69% |
3.37% |
5.74% |
12.61% |
6.37% |
6.92% |
N/A |
| High Growth |
2.98% |
4.08% |
6.68% |
14.08% |
7.26% |
7.74% |
N/A |
| Socially Responsible |
3.29% |
3.68% |
6.80% |
13.15% |
5.93% |
7.16% |
N/A |
| Moderate |
2.12% |
2.60% |
4.72% |
10.48% |
5.04% |
5.09% |
N/A |
| Stable |
1.63% |
1.95% |
3.83% |
8.25% |
3.60% |
3.50% |
N/A |
| Capital Defensive |
1.26% |
1.38% |
3.09% |
6.39% |
2.44% |
2.24% |
N/A |
| Cash |
0.31% |
0.98% |
1.68% |
3.98% |
2.72% |
1.73% |
N/A |
(1) This option did not commence until 1/7/17.
Flexible Rollover Product
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
2.80% |
3.26% |
5.70% |
13.38% |
4.93% |
6.20% |
6.77% |
| High Growth |
3.11% |
4.02% |
6.71% |
15.00% |
5.58% |
6.90% |
7.90% |
| Socially Responsible |
3.41% |
3.58% |
6.80% |
13.94% |
4.54% |
6.45% |
6.60% |
| Moderate |
2.19% |
2.44% |
4.60% |
11.06% |
3.98% |
4.56% |
5.40% |
| Stable |
1.67% |
1.77% |
3.67% |
8.68% |
2.85% |
3.13% |
4.15% |
| Capital Defensive |
1.28% |
1.17% |
2.89% |
6.74% |
2.00% |
2.01% |
2.98% |
| Cash |
0.31% |
0.98% |
1.66% |
3.96% |
2.69% |
1.69% |
1.69% |
Super SA Select
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
2.68% |
3.25% |
5.69% |
13.12% |
4.85% |
6.16% |
6.77% |
| Cash |
0.31% |
0.98% |
1.66% |
3.95% |
2.70% |
1.72% |
1.72% |
Lump Sum Scheme
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
3.11% |
3.92% |
6.66% |
14.80% |
5.06% |
6.60% |
7.53% |
| High Growth |
3.45% |
4.78% |
7.74% |
16.59% |
5.83% |
7.32% |
8.63% |
| Socially Responsible |
3.82% |
4.26% |
7.89% |
15.23% |
4.70% |
6.88% |
7.09% |
| Moderate |
2.45% |
3.02% |
5.55% |
12.44% |
4.18% |
4.90% |
6.08% |
| Stable |
1.90% |
2.38% |
4.53% |
9.77% |
2.98% |
3.51% |
4.81% |
| Capital Defensive |
1.46% |
1.72% |
3.65% |
7.61% |
2.12% |
2.33% |
3.59% |
| Cash |
0.36% |
1.14% |
1.94% |
4.62% |
3.15% |
1.99% |
1.99% |
SA Ambulance
|
1 month |
3 months |
FYTD |
1 year |
3 years |
5 years |
10 years |
| Balanced |
2.78% |
3.51% |
5.98% |
13.11% |
4.83% |
6.20% |
6.79% |