Analyse the Life and Superannuation Market in Australia for 2008: Review Recent Changes...

Thu Oct 16, 2008 10:00pm EDT
 
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Analyse the Life and Superannuation Market in Australia for 2008: Review Recent Changes in Regulation and Assess the Future Outlook

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/130405/life_and_superannu)
has announced the addition of the "Life and Superannuation in
Australia 2008" report to their offering.

   Australia's superannuation market is unique because employers must
make compulsory contributions on behalf of their workers. A number of
regulation changes have taken place in recent years making
superannuation a highly attractive and tax friendly environment to
save money.

   Scope

   - Assesses the value and future prospects of the financial
advisory industry.

   - Reviews the impact of changes in regulation on the
superannuation market and presents details of life insurance income
growth between 2003-2007.

   - Analyses the market shares of life insurance companies operating
in Australia.

   Highlights of this title

   Australia's population is ageing quickly and over the next 40
years the proportion of the nation that is aged 65 and over is set to
rise rapidly. This is one of the driving factors that will push up
demand for professional retirement and investment advice.

   Recent government legislation changes surrounding the
superannuation market have proved highly profitable to life insurance
companies. While the federal government has made changes to help
encourage individuals to build up their savings, financial providers
are reaping the rewards of increasing sales and assets under
management.

   The three largest life companies in Australia managed 66% of the
total Australian assets in the industry at the end of 2007. These top
three life offices were AMP, National Australia/MLC and ING/ANZ and
combined they managed AUD164.2bn in statutory fund assets.

   Key reasons to purchase this title

   - Review life insurance market shares across ordinary life
insurance products and superannuation.

   - Discover the ageing problem of the financial advisory market in
Australia and the plans for business succession

   - Assess historic market data from 2003-2007 including total
sales, a breakdown by product type and superannuation assets.

   Key Topics Covered:

   - Overview

   - Catalyst

   - Summary

   - Key Issue: Advisor Distribution

   - Market Context

   - New business premiums have increased for life insurers
particularly in 2007

   - Superannuation products account for the majority of new life
insurance income in Australia

   - Are financial advisors providing value to clients for their
services?

   - Australian life insurance premiums increased over the 2003-2007
period

   - New business premiums have increased for life insurers
particularly in 2007

   - New individual business has outperformed new group business in
recent years

   - Superannuation products accounts for the majority of new life
insurance income in Australia

   - Competitive Dynamics

   - The top few life insurance players in the industry dominate
market share in Australia

   - List of Tables

   - List of Figures

   Companies Mentioned:

   - AMP

   - National Australia/MLC

   - ING/ANZ

   - Colonial/CBA

   - Westpac

   For more information visit
http://www.researchandmarkets.com/research/130405/life_and_superannu

   Source: Datamonitor

Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com

Copyright Business Wire 2008

 

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