Tuesday, December 28, 2010

The at-retirement market in the UK is set to undergo changes in regulation. This report aims to address the economic, regulatory and consumer issues facing the market, and forecasts the future of both annuities and income drawdown products, in light of the impact of these issues on the market.

Features and benefits

* Product innovation is focusing on flexible annuities and pension plans that allow consumers needs in retirement to be matched by retirement products.
* IFAs dominate the distribution channel of at-retirement products, however bancassurance can take advantage of opportunities to gain market share.

Highlights

Consumers are concerned about the amount that they are saving toward a pension, but consumer engagement in the market is still falling below the levels required to ensure a good retirement income.

IFAs remained the dominant distribution channel in 2009 and Datamonitor forecasts this to continue as consumers seek even more advice in order to gain the most out of their investments.

Product innovation from providers is focused on flexible annuities, addressing the widening demands of retirees.

Your key questions answered

* Forecasts the at-retirement market with product and distribution splits, allowing you to develop you companies business strategy.
* Provides detailed analysis of developments in the UK at-retirement market.
* Identifies product innovation strategies and competitor dynamics, giving you insight into what the market is doing.

Get more information about this report: The Changing Face of the UK At-Retirement Market 2010

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