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Aspiration |
Achieving competitive returns and sustainable growth | Weighting 30% | ||||
| Objectives | Key Measures | Target | 2020 | 2021 | 2022 | Outlook for the year ahead 2022/2023 Target |
| Increase contributions |
Average Monthly Contribution Collections | 125Bn | 106Bn | 114Bn | 125Bn |
135Bn |
|---|---|---|---|---|---|---|
| 1 Month Employer Compliance rate | 52% | 56& | 51% | 55% |
52% | |
| Increase income earned | Gross Target return on investment | 12.98% | 13.82% | 15.91% | 11.62% |
11.52% |
| Improve cost efficiency | Expense ratio | 1.15% | 1.19% | 1.06% | 1.18% |
1.17% |