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| Countries covered: India Pension fund industry has a very bright future in India. Favorable savings pattern, growing life expectancy and government initiatives like pension reforms are making India as one of the potential prospects for investors looking for pension businesses, according to “Indian Pension Fund Market Forecast to 2013” our new research report. Majority of working population in India expects to have better quality of life or atleast maintain the current living standards after retirement. This is the prime reason - why pension plans today account for around 39% of insurance industry’s total business. Life insurers’ pension and annuity fund is forecasted to grow at a CAGR of around 39% between 2008-09 and 2012-13. However, more potential lies under New Pension System (NPS) proposed by the central government. The report provides comprehensive research and in-depth analysis along with information on current and future performance of pension market in India. It will help clients to identify the leading-edge opportunities critical to the success of emerging pension market in the country. The report thoroughly studies the Indian pension market structure to enable clients to understand the market dynamics and align their investment strategies accordingly. Key Industry Forecasts to 2013
Key Players This section provides a business overview and pension plans of several prominent players in the industry, including Life Insurance Corporation of India (LIC), SBI Life, ICICI Prudential, HDFC Standard Life and TATA AIG Life. |
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