Pension Funds On Globally Solid Footing: Towers Watson

A study by Towers Watson covering 13 major pension markets finds that pension assets in these markets aggregated $31,980 billion as at the end of 2013, and that they represented 83.4% of GDP.

The study also noted that compared to 2012, assets grew 9.5% while the ratio to GDP increased 7.8% from 75.6% in the previous year. It may be noted that the ratio of assets to GDP stands at the highest level since this study commenced.

Pension funds no longer in the news for the wrong reasons

The results of the study show that pension funds seem to have moved on from the days when they were generally in the news for being in crisis mode due to...