Abstract
Introduction
This report provides a comprehensive analysis of the individual pensions
market, sizing the market for individual pension products, as well as
providing insight into the distribution dynamics in the market. The report
gives focus on how providers and the pensions industry as a whole can boost
pension savings amid the government' s discussion of personal accounts to the
individual pensions market.
Scope of this research
- Examines the current shape of the individual pensions market and explores
factors that are currently limiting the sale of pensions products
- Comprehensive analysis of key products and regulatory trends affecting the
pensions market in 2009
- Assesses the strategies to combat key barriers to save for pension
provision with particular focus on market conditions and demographics
Research and analysis highlights
The dominance of personal pensions in the individual pensions market has been
overshadowed by the rise in popularity of SIPP products. Despite the strong
prevalence of personal pensions in terms of both single and regular premium
pensions new business, SIPPs have experienced the most impressive year-on-year
growth over the last five years.
A great deal of uncertainty surrounds the future of personal pensions and
stakeholder markets and much of its progression will also depend on the
effects of the government' s plans for personal accounts in potentially drawing
investors away from these pension products.
Key reasons to purchase this research
- Provides detailed analysis of developments in the individual pensions
market such as personal accounts
- Access Datamonitor' s forecasts for the future market size of the UK
Pensions market
- Identify competitor innovations and dynamics, and changes taking place in
the distribution dynamics of the market
|