Covering slightly more than half of the world’s total retirement assets of some €22 trillion, in 2009 the United States was the leading retirement market in the world, followed at 11.5% by the United Kingdom. Western Europe’s combined retirement assets came to slightly more than 20% while Australia and Japan each laid claim to 3% of the global market. The emerging economies of Asia and central and eastern European (CEE), which are still in the early stages of building up their individual funded pension systems, represented currently only minor shares (1.8% and 0.4%, respectively).