Etude-Watson-Wyatt-global-pension-2009

watsonwyatt.com2009 Global Pension Assets StudyWatson Wyatt WorldwideJanuary 2009watsonwyatt.com2009 Global Pension Assets StudyExecutive SummaryGlobal Pension Asset Study 2009Key FindingsP11 Pension Assets at end 2008 P7 DB/DC Allocation at end 2008 At the end of 2008 pension assets for the 11 markets in the  During the last five years DC assets have grown at a rate study were estimated at USD 20,418 bn, representing a of 7.9% p.a. while DB assets have grown at a much slower pace of 1.7% p.a.19% fall compared to the 2007 year-end value. In contrast, during 2007 assets (measured in USD) had grown at a rate  Currently DC assets represent 45% of total pension assets compared to 37% in 2003 and 30% in 1998 of 10% The markets that show a larger proportion of DC assets  Global pension assets are now below their 2005 level. In are Australia, Switzerland and the US, while Japan is terms of the pension assets to GDP ratio, it is back to its essentially 100% DB. Netherlands, also basically DB, is 1996 levels now showing strong signs of a shift to DC. In 2008 all markets in the study suffered losses in value in P7 Asset Allocation at end 2008USD terms Within the seven largest pensions markets a larger  The largest pension markets are the US, Japan and the UK. proportion of assets are allocated to “risky” assets in the UK, the US and Australia. More conservative investment However, over the last 10 years, the US and Japan have strategies – more ...