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UK Pensions 2013

  • June 2013
  • -
  • GlobalData

Summary
This brief provides a comprehensive analysis of the UK pensions market including sizing the market for new business premiums, as well as forecasts.

Synopsis
- Analyze the areas of growth and decline in the pensions market.
- Assess competitor performance, including premiums and ratio data.
- Explore likely changes to the pensions market in the next five years.

Reasons To Buy
- Which companies are the dominant providers in the pensions market?
- How are pension products distributed?
- What types of pension products have grown and declined in the last five years?
- How will the pensions market change in the next five years?

Key Highlights
The individual pensions market witnessed year-on-year growth of 8.7% APE, while group pensions declined significantly by 27.2%

Independent financial advisors remain the dominant distributor within the pensions market, owning a 90.0% market share in the individual market and a 82.0% share in the group market.

The pensions gap in the UK remains high, with 68% of workers in the private sector not paying into a pension.

Table Of Contents

UK Pensions 2013

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