Source: EuropeanPensions.net
Global pension assets continued to grow in 2024, exceeding the previous record set in 2021 and fully offsetting the losses experienced in 2022, data from the Organisation for Economic Co-operation and Development (OECD) has revealed.
The preliminary findings for the group’s annual Pension Markets in Focus report showed that assets in pension plans grew by 8.5 per cent in the OECD and by 3.1 per cent in a group of non-OECD jurisdictions in 2024.
In total, assets reached USD 61.5trn in the OECD at end-2024, up from USD 59.7trn at end-2021. Taking into account participating non-OECD jurisdictions, assets totaled USD 63.1trn at the end of 2024.