sponsored by Wipro Technologies
Posted:  13 May 2009
Published:  11 May 2009
Format:  PDF
Length:  14  Page(s)
Type:  White Paper
Language:  English
ABSTRACT:
Rising numbers of baby boomers with Defined Contribution (DC) pension products are approaching retirement, signifying a period of growth for the UK At-retirement market. According to analyst reports, the market size will increase to over £30 billion by 2013, with the majority of the money projected to move into the conventional annuities space. This white paper takes a look at the challenges facing the annuity market in terms of consumer awareness about the choices, access to advice, longevity & market risk and the business process constraints from a provider perspective. The paper suggests strategies that can be employed by providers to overcome the challenges and grow their business in this promising market. This paper also details how Wipro's solution offerings and the IT services experience in the UK retirement market can help providers in realizing their growth objectives.



Authors

Srinivasan Varadharajan

Srinivasan Varadharajan is a Life and Pensions Domain Consultant with a combined experience of over 15 years in Life Insurance industry and Information Technology services. He holds FLMI (LOMA, USA) and, AIII (Associate of Insurance Institute of India) Certifications. He has experience in Estimation, Requirement Development, Requirement Management, Gap Analysis and, Quality Control activities apart from Insurance Industry business areas. His work experience spans across India, United States and the United Kingdom. He holds a graduate degree in Mathematics.

Sriram Seshadri

Sriram Seshadri is a Life and Pensions Domain Consultant with a combined experience of over 15 years in Life Insurance industry and Information Technology services. He holds FLMI (LOMA, USA) and, AIII (Associate of Insurance Institute of India) Certifications. He has experience in Estimation, Requirement Development, Requirement Management, Gap Analysis, Software Development and Quality Control activities apart from Insurance Industry business areas. His work experience spans across India, United States and the United Kingdom. He holds a post graduate degree in Computer Applications and bachelor degree in Physics.



BROWSE RELATED RESOURCES
Business Environment | Business Intelligence | Business Process Management | Business Service Management | Business Service Providers | Consulting Services Industry | Consumer Market | IT Services | Strategic Planning

View All Resources sponsored by Wipro Technologies

About TechTarget:

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

All Rights Reserved, Copyright 2000 - 2014, TechTarget | Read our Privacy Statement