INDUSTRY NEWS
Retirement Income Stream Statistics
Source: ARISA 'News and Activities June 2000'
29th June 2000


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The latest figures form ARISA’s Retirement Income Streams report is available on the web site. The figures cover movements in the retirement income streams market to Mach 31 2000, and show that funds under management of allocated pension and allocated annuities grew by 4.5% in the previous 3 months and 24.2% for the past 12 months. Sales of ETP retirement income streams slowed slightly, down 7% for the quarter.

In the non ETP annuity market, sales of RCV100 annuities soared, up by 49.5% in the past 3 months.

For your copy of the ARISA Retirement income Streams report, please go to our web site www.arisa.com.au and click on the "Information" tab.




Further details:
Australian Retirement Income Stream Association
Web site: www.arisa.com.au
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