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Personal Accounts: The Future of Pension Provision

Datamonitor
October 5, 2009
35 Pages - Pub ID: DFMN2470030
 
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Abstract

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Introduction

This report provides a comprehensive analysis of the impact the introduction of personal accounts will have on workplace pensions and on the private pensions industry. The report also focuses on how providers and the pensions industry as a whole can boost pension savings amid the government's discussion of personal accounts in the workplace.

Scope
  • Examines the current state of UK pension reforms and explores factors that are currently limiting individuals from saving for retirement.
  • Provides a comprehensive analysis of the impact of personal accounts on the UK pensions market.
  • Assesses strategies to combat key barriers to save for pension provision with particular focus on market conditions and demographics.
Highlights

A great deal of uncertainty surrounds the future of personal pensions and much of its progression will depend on the effects of the government's plans for personal accounts in potentially drawing investors away from these pension products.

Reasons to Purchase
  • Provides detailed analysis of developments in personal accounts as part of the UK pensions reforms.
  • Identifies the biggest impacts of personal accounts on employers prior to and after their introduction in 2012.
  • Highlights implications for the private pensions industry and the future of private pension products.

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