Industry Analysis & Industry Trends
The Global Pension Funds industry is becoming the primary means for meeting the retirement requirements of an aging global population. Governments are gradually shifting the responsibility of pension provision from the state to the individual as the resources of the public pension system are stretched. Governments are using tax incentives to encourage people to make pension fund contributions and, in some cases, are moving to occupation-based compulsory systems.
The continuing privatization of pension provision is accelerating growth in pension fund contributions and thus pension fund assets (i.e. pension reserves). As the value of pension fund assets grows, so does the size of investment revenue (i.e... read more
Industry Locations
The geographical distribution of the Global Pension Funds industry represents the distribution of pension fund assets around the world. Public pension reserve funds, which serve as a reserve for government pensions, are outside this industry class. Therefore the relative shares of Japan, Norway and Korea (among others) are lower than reported by other sources.
Market dominance: North America
The North American region dominates the Global Pension Funds industry, being home to two of the six largest pension fund markets in the world: the United States and Canada. In 2011, the region is expected to account for about 64.0% of assets, which will be more than 12 percentage points lower than the high recorded in 2000. This decline in dominance reflects a number of factors... read more