Revenue for the Retirement and Pension Plans industry is composed of contributions from employers and, to a lesser extent, employees, as well as returns on invested assets. Assets represent the amount of accumulated contributions and investment returns that employers ultimately use to pay out retirement benefits. The dramatic decline in assets during the recession reduced pension plans' funded ratios, which are assets divided by obligations. Over the five years to 2021, funded ratios are projected to improve, with industry assets maintaining steady growth as well. This growth will be limited by the sale of assets to support the increasing number of beneficiaries reaching retirement.
This industry is composed of private and public pension funds that provide retirement saving and income benefits exclusively for the sponsor’s employees or members. Plans are based on defined benefit and exclude defined contribution. Revenue in this industry refers to total contributions plus net investment income or losses, while establishments refer to the number of funds. Fees from portfolio management or other third-party services are not included in this report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.