New Market Report Now Available: UK Life And Pensions Competitor Tracker Q3 2012


New Financial Services research report from Datamonitor is now available from Fast Market Research


Published on 25 January 2013

by Bill Thompson

(WireNews+Co)

Boston, MA

Datamonitor's Life and Pensions Competitor Tracker for Q3 2012 highlights the key developments across the main lines of life and pensions business in the UK. The main trends in each product area from the last two quarters are identified in the first chapter, while the following sections explore individual developments in more detail.

Scope

- Access a comprehensive coverage of product innovation activity from 61 UK life and pensions companies.
- Analyze the extent of innovations UK life and pensions competitors are undertaking in preparation for auto-enrolment regulation.
- Follow the most significant mergers and acquisitions, as well as partnerships and organic growth in the life and pensions market.
- Examine the ways in which life and pensions providers are supporting financial advisors adapt to the changes being brought about by RDR reforms.

Report Highlights

View Full Report Details (http://www.fastmr.com/prod/531043_uk_life_and_pensions_competitor_tracker_q3_2012.aspx)

As auto-enrolment draws nearer providers are increasingly outlining how the online facilities that they have developed will help employers ensure that they continue to comply with all applicable regulations going forward.

Reasons to Get this Report

- Which pension providers are innovating their product offerings in readiness for auto-enrolment in 2012?
- What are the high profile mergers and acquisitions in the life and pensions market in the first half of 2012?
- What are the key innovations in the annuity market?
- How are providers helping independent financial advisors cope with the transition to fee-based advice?

Partial Table of Contents:

OVERVIEW
- Catalyst
- Summary
- Methodology

LATEST FINANCIAL RESULTS
- Introduction
- As expected with the implementation of auto-enrolment drawing nearer, providers are seeing increased new business opportunities

- Ageas Protect now has 225,000 customers, a significant increase on H1 2011
- Operating profits at Aviva's UK life business rose by 2% in H1 2012
- Sales of over-50s life cover increased by 60% at Engage Mutual
- LV= has seen strong demand for its annuities
- The priority of Lloyds Banking Group remains to refocus and simplify its operations
- Prudential's sales of individual annuities increased by 22% in the first half of 2012
- In general, new business has fallen across the Royal London Group
- Standard Life now has 147,000 SIPP customers
- GWP at Zurich's UK division reached GBP552m, growth of 9.4%

STRATEGY CHANGES AND LATEST DEVELOPMENTS
- Introduction
- Aegon's new platform aims to encourage employers to consider their auto-enrolment strategies

- Aegon's corporate platform will cover 50% of employer contributions for the first three months
- Aegon is to outsource the administration of its protection business
- Aegon cuts individual life and income protection rates

- Acquisition boosts Ageas's non-life insurance market share

- Ageas acquires Groupama Insurance Company in a GBP116m deal
- Ageas makes a promise to support protection customers

- Just Retirement has highlighted the growth potential of fixed-term annuities

- Just Retirement feels that fixed-term annuities are becoming an established retirement income option

- Aviva is calling for the automatic transfer of auto-enrolled pensions when employees switch jobs

View Full Table of Contents


Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.


Contacts

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  • Bill Thompson
  • Fast Market Research, Inc.
  • PR Contact
  • Tel: +14134857001
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Posted 2013-01-25 19:51:00