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|
| Summary For Years Ended 31 December |
| Years Ended December |
|
1994 ($000) |
% |
1995 ($000) |
% |
1996 ($000) |
% |
1997 ($000) |
% |
1998 ($000) |
% |
| Death |
182,746 |
14% |
198,643 |
16% |
201,877 |
16% |
188,794 |
16% |
190,357 |
15% |
| Maturity |
241,747 |
19% |
233,713 |
18% |
276,386 |
22% |
255,951 |
22% |
291,290 |
23% |
| Annuity |
27,506 |
2% |
24,231 |
2% |
23,316 |
2% |
24,692 |
2% |
11,569 |
1% |
Disability /Income Replace-
ment |
24,870 |
2% |
36,754 |
3% |
33,219 |
3% |
41,857 |
4% |
47,908 |
4% |
| Surrender |
743,859 |
59% |
633,882 |
50% |
616,299 |
48% |
542,113 |
47% |
619,934 |
49% |
| Cash With-drawals |
43,754 |
3% |
147,556 |
12% |
127,572 |
10% |
101,614 |
9% |
116,623 |
9% |
| TOTAL |
1,264,482 |
100% |
1,274,779 |
100% |
1,278,669 |
100% |
1,155,021 |
100% |
1,277,681 |
100% |
Source:ISI Quarterly Statistics
(B) Payments to Superannuation Scheme Members
| Years Ended December |
|
1994
($000) |
% |
1995
($000) |
% |
1996
($000) |
% |
1997
($000) |
% |
1998
($000) |
% |
| Death |
24,228 |
3% |
28,581 |
3% |
40,213 |
4 |
34,611 |
3% |
52,223 |
4% |
| Maturity |
170,877 |
20% |
143,814 |
16% |
144,461 |
15% |
259,026 |
25% |
225,925 |
19% |
| Annuity |
10,397 |
1% |
10,418 |
1% |
16,458 |
2% |
15,650 |
2% |
25,755 |
2% |
Disability/
Income
Replace-
ment |
6,709 |
1% |
7,187 |
1% |
9,354 |
1% |
624 |
- |
12,403 |
1% |
| Surrender |
319,345 |
37% |
264,898 |
30% |
433,072 |
45% |
447,369 |
43% |
557,447 |
47% |
Cash
Withdrawals |
91,149 |
10% |
161,892 |
18% |
196,884 |
21% |
189,414 |
18% |
246,488 |
21% |
Scheme
Termination |
248,487 |
29% |
258,810 |
30% |
116,808 |
12% |
85,798 |
8% |
67,707 |
6% |
| TOTAL |
871,192 |
100% |
875,600 |
100% |
957,250 |
100% |
1,032,492 |
100% |
1,187,948 |
100% |
Source:ISI Quarterly Statistics19%
|
