A new study by Towers Watson examined 13 major pension markets, totaling $27.5 trillion and accounting for 72.3 percent of the GDP of these markets. This represented a 3.9 percent increase compared to the year-end 2010 value.

According to the report, global pension assets reached a record high this year, if measured in absolute terms. Pension assets relative to GDP reached 72.3 percent in 2011, which was still below the 2007 level of 78.9 percent and below the 2010 ratio of 75.5 percent.

The U.S., Japan and the United Kingdom account for the largest pension markets, with 58.5 percent, 12.2 percent and 8.7 percent of total pension assets in the study, respectively.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.