Pension asset growth in Europe and Japan grew in the double digits in 2005, while U.S. and Hong Kong trailed, according Watson Wyatt. Last year, pension assets in Japan soared 22% and 20% each in the U.K., the Netherlands and Switzerland, while the U.S. – which boasts over $8 billion in pension assets, more than the other 10 countries studies put together – grew by only 7% and Hong Kong rose 5%.
Watson Wyatt’s global research also found that outside of the U.S. and Japan, pension assets around the world have on average doubled over the past decade, with Ireland boasting the greatest growth at 312%.
