Introduction
New business in the unit-linked market has historically followed equity market movements. Since 2001 the market has been boosted by the decline of with-profits and improvements in the range of funds available. UK Unit-linked 2005 analyses trends in the market, the key distribution channels and competitors. Forecasts are given for the future of the products and distribution channels in the market.
Scope of this report
- UK Unit-linked 2005 covers the market for unit-linked bonds and unit-linked endowments, both mortgage and savings related
- The report uses ABI statistics, SynThesys Life database, extensive secondary sources and primary interviews with leading players and distributors
- The report uses Datamonitor's life and pensions forecasting model to forecast unit-linked bonds and endowment new business between 2004-2009
Research and analysis highlights
Total unit-linked new business has grown at a compound rate of 7.2% between 2000-2004 and now totals over ?1.3bn. This growth has been due to the increased popularity of unit-linked bonds, which have grown at a compound rate of 15% throughout this period.
The total regular premium unit-linked market has declined at a compound annual rate of 35% between 2000 and 2004, mainly brought down by a sharp decline in mortgage related unit-linked endowments through this period.
Datamonitor's base forecast scenario anticipates that unit-linked bond new business will grow at a compound annual rate of 8% between 2004-2009. This will result in the level of unit-linked bond new business increasing from ?1.2bn in 2003 to just over ?1.8bn in 2009.
Key reasons to read this report
- Market forecast: Identify the future of the market and where there is potential for boosting sales of unit-linked profits
- Competitor intelligence: Identify the key market competitors and analyze recent competitive developments
- Market data: Understand the unit-linked market, distribution trends and key new business drivers