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The Distribution of Individual Retail Life Assurance Pensions and Investment Products Through Direct Salesforce and Bancassurance Channels
Research and Markets are delighted to announce the addition of UK Bancassurance & Tied Advice 2003 to their offering
(PRWEB) January 29, 2004 --This report examines the distribution of individual retail life assurance, pensions and investment products in the UK through the direct salesforce, bancassurance and tied agent
channels by providing detailed and in-depth data on products, channels and providers. Further, it provides forecasts of the size of the market and relative size of different distribution channels up to 2007.
This report examines:
-The distribution of individual retail life assurance, pensions and investment products in the UK via non-IFA channels
-Forecasts of the size of the market and distribution channels will be provided with projections of the effects of depolarization
Report Highlights:
- Bancassurance channel has increased its life and pension sales volume by 14.4% per annum compared with the 6.3% annual total market growth. This is a result of the increasing number of banks and building societies signed agreements with insurers to distribute their products as well as direct salesforce channels decline in popularity.
- With sales of endowment products declining in all channels, focus has turned to sales of protection life products, such as term assurance. The simplicity of these products mean that they are less likely than pensions or investment products to need the specialist advice
offered by IFAs and are therefore more suitable for sales through bank branches.
Reasons to Purchase
- The report offers a wide range of data from sources such as ABI and SynThesys database combined with exclusive in-house analysis.
- The report provides distribution and product breakdowns with analysis underlining the changes distribution channels are facing now and going forward.
- Scenario based information on the likely distribution models and market volumes up 2007 will provide indispensable insight into the non-IFA industry.
For a complete index of this report click on
http://www.researchandmarkets.com/reports/42834
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