Life and pensions: Competing for a future

The forces shaping change have big implications for the competitive environment. Exploring the forces that are set to transform the life and pensions sector, we’ve identified four mega-trends .... these are the developments set to have the most decisive impact over the next five years and the main opportunities for innovation, growth and competitive differentiation:

  • two speed global growth - the focus of growth is shifting
  • distribution disruption and customer revolution - customer preferences are changing
  • information advantage through big data - sharper profiling is driving change
  • big and fast evolving business models - new competitive threats on the horizon

The life and pensions market has considerable growth potential. The big questions are: who is best placed to take advantage of these changes and how?