The document provides an executive summary and key findings from the Global Pension Assets Study 2016. It finds that total global pension assets decreased slightly in 2015 to $35.4 trillion. The US, UK, and Japan collectively account for over 78% of total assets. Defined contribution plans now represent 48% of assets in the seven largest pension markets, reflecting a trend toward DC dominance. Asset allocation has shifted over time with higher allocations now in other assets like real estate and lower allocations in equities and bonds.