Blog 1 - Largest Pension Funds

The Worlds largest pension funds include the following:

1. USA - Federal Old-age & Survivors Insurance Trust: $2.4 trillion

2. Norway - Government Pension Fund: $2 trillion

3. Japan - Government Pension Investment Fund: $1.7 trillion

4. USA - Military Retirement Fund: $1.5 trillion

5. USA - Civil Service Retirement & Disability Fund: $1 trillion

Your pension is one of the best ways to save for your retirement. 

You pay into your workplace pension each month from your wage, and your employer also contributes giving you extra money. Your pension contributions are usually tax free (You can receive tax relief on contributions up to 100% of your annual earnings or up to £60,000 for the 2025/26 tax year). Employers must automatically enrol eligible workers (aged 22 to State Pension age, earning over £10,000). Make sure to check your workplace pension regularly to ensure you will have enough for retirement. Speak to your workplace pension provider ,or check your account online. 

You can also have a Personal Pension called a SIPP, a Self-Invested Personal Pension is a UK "do-it-yourself" pension, allowing individuals to make their own investments (e.g. shares, funds, bonds).

The final pension is the State Pension. It is a regular, government-funded payment for people who have reached the qualifying age. It is based on your National Insurance contribution record, requiring at least 10 years to qualify for any payment and typically around 35 years for the full amount.

14 March 2026