ISSN:
1995-2872
Language:
English
Pages:
41 p
Titel der Quelle:
OECD journal: financial market trends
Publ. der Quelle:
Paris : OECD, 2008
Angaben zur Quelle:
Vol. 2006, no. 1, p. 205-235
Keywords:
Finance and Investment
Abstract:
A useful proxy for the total assets accumulated in long-term savings and retirement systems is the sum of investments of pension funds and life insurance companies. This proxy covers the vast majority of occupational and personal pension arrangements for both the public and private sectors that rely on funding. In 2004, the total assets held by pension funds and life insurance companies grew by over USD 3.3 trillion or 1.5 percentage points of total GDP in OECD countries.
DOI:
10.1787/fmt-v2006-art6-en