All debate aside about how well prepared people are for retirement, pension funds are racking up some impressive totals.
In fact, the 300 largest pension funds globally total nearly $15 trillion, up by over 6 percent in 2013, according to research from Towers Watson.
Broken down by region, the most impressive growth was not in the U.S. Instead, Latin American and African funds had the highest five-year combined compound growth rate, increasing more than 16 percent.
Europe came next, with a 12 percent rate of growth. North America acquitted itself with only 6 percent, leaving only the Asia/Pacific region to trail by a single percentage point at 5 percent.