Table of Contents
Introduction and Abbreviations
Executive Summary
Background
-
-
- Figure 1: Maximum tax-free pension allowance, for the tax year 1999-2000
- Figure 2: Determinants of pension suitability, 2000
-
Market Factors
-
-
- Figure 3: Persistency of single premium personal pensions sold by company representatives, 1993-97
- Figure 4: Persistency of single premium personal pensions sold by IFAs, 1993-97
- Figure 5: Persistency of regular premium personal pensions sold by company representatives, 1993-97
- Figure 6: Persistency of regular premium personal pensions sold by IFAs, 1993-97
- Figure 7: Life expectancy at birth in England and Wales, by gender, 1950-2030
-
Market Size
-
-
- Figure 8: Total new regular premiums for long-term business, 1994-99
- Figure 9: Total new single premiums for long-term business, 1994-99
- Figure 10: Total personal pension policies currently in force, 1994-99
- Figure 11: Single and regular premium policies in force, by volume, 1997-99
- Figure 12: Value of regular premium personal pensions in force, 1994-99
- Figure 13: Index of changes in total value for regular premium personal pensions in force, 1994-99
- Figure 14: Volume of new single premium personal pension policies, 1994-99
- Figure 15: Value of new single premium personal pension policies, 1994-99
- Figure 16: Number of new regular premium personal pensions policies, 1994-99
- Figure 17: Value of new regular premium personal pensions, 1994-99
- Figure 18: Personal and occupational pension penetration among GB adults, 1990-99
- Figure 19: Annual household expenditure on personal pensions, 1989-98/99
- Figure 20: Annual expenditure on personal pensions, by age of head of household, 1998/99
- Figure 21: Yearly expenditure on personal pensions, by occupation of head of household, 1998/99
-
Distribution and Pricing
-
-
- Figure 22: Sources of new regular premium personal pension business, 1994-99
- Figure 23: Sources of new single premium personal pensions business, 1994-99
- Figure 24: Market direction for financial services advice
- Figure 25: Illustration of a personal pension quote using the standard investment performance rates, February 2000
-
Key Players
-
-
- Figure 26: Top pension providers, by all new personal pension premium income, 1999
-
Advertising and Promotion
-
-
- Figure 27: Total industry spending on personal pension advertising, 1995-99
- Figure 28: Top personal pension advertisers, by company, 1995-99
- Figure 29: Top pension providers' advertising expenditure on personal pensions, 1999
-
The Consumer
-
-
- Figure 30: Main forms of provision for retirement, by all adults and non retired, January 2000
- Figure 31: Market potential for personal pensions, January 2000
- Figure 32: Profile of retirement provision, by socio-demographic characteristics, January 2000
- Figure 33: Main forms of income received in retirement, January 2000
- Figure 34: Personal pension issues concerning consumers, January 2000
- Figure 35: Top pension issues concerning adults in the UK, by socio-demographic characteristics, January 2000
- Figure 36: Financial product ownership among adults and personal and occupational pension holders, January 2000
- Figure 37: Changing priorities among all adults, 1995-99
-
The Future
Forecast
-
-
- Figure 38: the number of C1s and 35-54-year-old men. In addition, we have used the number of self-employed men as a factor. Mintel has used the SPSS time series package to forecast the market to 2004. SPSS correlates historic market size data with key economic and demographic determinants (independent variables), identifying those factors having most influence on the market. Using forward projections of these factors, a market size forecast is produced.
- Figure 39: Forecast of personal pensions in force, 1999-2004
-
Back to top