Pension assets soar 13% to £2tn peak in 2013

clock

Scheme assets hit an all-time high in 2013, increasing 13% over the last year to £2tn and making the UK the world's second largest pensions market, according to Towers Watson.

The Global Pensions Asset Study found assets of UK institutional pension funds outpaced those of Japan for the first time, with the growth rate second only to Ireland. Over the course of a deca...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Dutch pension reforms suddenly at risk

News Digest: Dutch pension reforms suddenly at risk

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 29 January 2025 • 1 min read
Buzz: Will making it easier to release DB surpluses be a welcome move?

Buzz: Will making it easier to release DB surpluses be a welcome move?

DB surpluses, IHT on inherited pensions and AE thresholds

Professional Pensions
clock 28 January 2025 • 1 min read
Standard Life CEO Andy Curran announces retirement

Standard Life CEO Andy Curran announces retirement

Curran set to retire in the summer of 2025 after 35 years in the industry

Martin Richmond
clock 28 January 2025 • 2 min read
Trustpilot