1. Market Research
  2. > Financial Services
  3. > Insurance
  4. > Pension Market Trends
UK Self-Invested Personal Pensions 2018

UK Self-Invested Personal Pensions 2018

  • June 2018
  • 54 pages
  • ID: 5473899
In this report:
The majority (##.##%) of premium in 2017 was distributed through the channel for both insured and non-insured SIPPs according to the ABI.
According to the FOS 2017/## annual review there were ##,## new complaints made about SIPPs, which is a ##% rise year-on-year compared to the ##,## made in the financial year 2016/##.

Summary

Table of Contents

Search Inside

UK Self-Invested Personal Pensions 2018

Brief

"UK Self-Invested Personal Pensions 2018", report uses ABI data to explore how the size and distribution of the SIPP market is changing over time in premiums and contracts, and explains forecasts in relation to regulation. It discusses attitudes and behavior in how consumers manage their SIPPs, as well highlighting the best five players in the industry, reporting market share, and NPS scores, additionally to discussing their propositions. It concludes by exploring how the SIPP market will change in size over the next five years and how technology including robo-advice will disrupt the sector.

The UK SIPP market was worth £2.4bn in APE in 2017, up 59.50 percent from 2016 as a total of insured and non-insured additional business premiums according to the Association of British Insurers. The industry is thriving as consumers continue to transfer from defined benefit pensions and consolidate their pension pots into a SIPP, in order to take advantage of pension freedoms. However, the sector is suffering from big numbers of customer complaints. They surround due diligence failings, where clients have been investing in inappropriate non-standard funds, as well as unregulated firms and introducers. Scandal has also surrounded inappropriate defined benefit transfers. It seems the industry may be on the cusp of undergoing a tighter regulatory regime following additional capital adequacy requirements in 2016.

Overview

- Alliance Trust is the leading SIPP provider, with 12.90 percent of respondents from GlobalData's 2017 UK Life & Pensions Survey stating they hold their SIPP with the investment trust.

- The majority of customers prefer to go online to access their SIPP account.

- Individuals take out SIPPs because they want a wider choice of investments.

Great reasons to purchase

- Understand how the SIPP market is changing in size and distribution, and how regulation is impacting the sector.

- Gain innovative insight into how robo-advice and technology will disrupt the SIPP market.

- Understand consumer attitudes and behaviors towards managing their SIPPs.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
The UK Pre-Retirement Pensions Market 2018

The UK Pre-Retirement Pensions Market 2018

  • $ 3450
  • Industry report
  • September 2018
  • by GlobalData

The UK Pre-Retirement Pensions Market 2018Summary"The UK Pre-Retirement Pensions Market 2018", report discusses recent legislation such as changes to the state pension and auto-enrolment, as well as market ...

Senior Consumers: Understanding key trends driving consumer behaviors

Understanding key trends driving consumer behaviors: Senior Consumers Industry Report

  • $ 1495
  • Industry report
  • July 2018
  • by MarketLine

Senior Consumers: Understanding key trends driving consumer behaviorsSummaryMuch has been made of young generations such as millennials setting new consumer trends and how companies should respond, but ...

Securities Brokering in Colorado - Industry Market Research Report

Securities Brokering in Colorado - Industry Market Research Report

  • $ 1090
  • Industry report
  • August 2018
  • by Ibisworld

Sage advice: Competition in the industry has intensified due to the emergence of roboadvisorsAbstractSecurities Brokering in ColoradoCompanies in this industry act as agents that arrange transactions between ...


ref:plp2018

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on