Appendix 7

Report of the Government Actuary for the year ended 30 June 2004

[ Last Updated 11 October 2006 ]

Registered Superannuation Schemes in Force on Scheme Balance Dates in 2003: Analysis According to Nature of Scheme and Size of Scheme Assets (Excluding Investment Only Schemes)

Assets Grouping	Private	Employer (1)	Employer (2)	Retail	TOTAL
Number of Schemes:
1. Under $.0.5m	36	138	0	20	194
2. $0.5m to under $1m	6	46	0	11	63
3. $1m to under $5m	4	157	2	26	189
4. $5m to under $20m	1	84	3	22	110
5. $20m to under $50m	0	35	0	22	57
6. $50m and over	0	37	3	22	62
Total, all groups	47	497	8	123	675
Total Assets ($ millions):
1. Under $.0.5m	5	24	0	4	33
2. $0.5m to under $1m	4	33	0	87	45
3. $1m to under $5m	8	379	6	59	452
4. $5m to under $20m	12	917	36	250	1,215
5. $20m to under $50m	0	1,224	0	725	1,949
6. $50m and over	0	6,167	411	5,403	11,981
Total, all groups	29	8,744	453	6,449	15,675
Total Membership:
1. Under $.0.5m	46	658	0	475	1,179
2. $0.5m to under $1m	12	710	0	725	1,447
3. $1m to under $5m	7	9,848	487	6,491	16,833
4. $5m to under $20m	1	23,357	9,273	39,778	72,409
5. $20m to under $50m	0	27,178	0	50,036	77,214
6. $50m and over	0	184,625	15,602	292,707	492,934
Total, all groups	66	246,376	25,362	390,212	662,016
Number of schemes for which nil assets advised:	1	26	0	2	29

Notes

"Private" schemes are schemes set up by individuals for themselves and their immediate family
"Employer (1)" schemes are schemes sponsored by private sector employers and all NPF employer sponsored schemes
"Employer (2)" schemes are schemes provided as alternative arrangements to the Government Superannuation Fund, sponsored by public sector employers and approved under section 84C of the State Sector Act 1988. (Employer (1) and Retail statistics also include an unknown number of public sector employees who receive an employer subsidy).
"Retail" schemes are schemes where membership is made available to the general public

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Printed: 03/09/2010