The assets of the 11 largest national pension pots grew 8.7% last year to hit $24.9 trillion (â¬17 trillion), or four-fifths of the value of those countries' economies, as the developed world saves more for its retirement than ever before.
Pension assets in those countries - the US, Japan, the UK, Canada, the Netherlands, Australia, Switzerland, Germany, France, Ireland and Hong Kong - have swelled from 64% of gross national product to 82% since 1997, according to the latest global pensions survey from Watson Wyatt, an actuarial and investment consultancy.
