Pension Markets in Focus provides detailed and comparable statistics on asset-backed pensions around the world. This publication aims to help policymakers, regulators and other stakeholders to evaluate the design and operation of asset-backed pension systems, and to support policy discussions through international comparisons. Pension Markets in Focus is published annually. A preliminary version is published in June based on initial data on selected variables, and the final version in the last quarter of the year based on the latest data on a more comprehensive set of variables.
Pension Markets in Focus 2025 explores the drivers behind the growth in assets earmarked for retirement in 2024. It first looks at the extent of the growth in assets in 2024, by jurisdiction, type of plan and provider. It then looks at the investment performance of asset-backed pension plans in 2024. It finally assesses the cash flows these plans face, in particular the contributions they receive and the benefits they pay to retirees.
Data used to prepare this report were collected from pension authorities and other bodies within the framework of the OECD’s Global Pension Statistics project conducted under the aegis of the OECD Working Party on Insurance and Pensions. The OECD’s partnership with the International Organisation of Pension Supervisors (IOPS) and the World Bank expands the geographical coverage of the report beyond the OECD area. The OECD is grateful to the IOPS and the World Bank who helped with the data collection, and to pension authorities and other reporting bodies for providing data and comments.
This report has been developed by the Capital Markets and Financial Institutions Division of the OECD Directorate for Financial and Enterprise Affairs. It was prepared by Romain Despalins, under the supervision of Pablo Antolin, Head of the Insurance and Pensions Unit, and Serdar Çelik, Head of Division. Sally Day-Hanotiaux and Stéphanie Payet from the Division provided input.