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