Life & Pensions

The Market

The Life and Pensions industry is in flux. Pressure is coming from several directions at once and traditional business models are being fundamentally challenged by:

  • The direct impact of regulation such as RDR and Mifid II
  • The effects of Solvency II and the need to ration capital usage
  • Turbulent investment markets
  • Discontinuous change in distribution methods, including the impact of digital information sources
  • More informed and proactive consumers looking for self-direction
  • A low-trust environment extending across the financial services industry as a whole

As a result, life and pension firms are looking at reconfiguring their product, customer and channel mix with major implications for their operating models.  The need to re-focus propositions sees a demand for innovation and new solutions but also for ways to de-risk necessary change by using agile business partners.

As specialists and practitioners in this sector, our expert Life and Pensions team analyses the major shifts taking place and evaluates the impacts they may have on the market.  Bluerock has often been reported in the media and regularly produces well regarded papers and articles in this sector.  But our clients want solutions not just opinions and that's what differentiates Bluerock - our insights coupled to the ability to re-define client business models to both comply and compete.

Our solutions, based on unique practical experience include:

  • unique insights into building new online financial businesses and the cost-effective delivery of advice - online; with web conferencing and face to face
  • workplace marketing and retirement solutions - employee and employer benefits
  • new proposition development processes - creating and managing innovation
  • new customer engagement models - leveraging social media and communities
  • financial planning tools and processes to deliver new model advice and informed choice
  • platform strategies - including corporate and retail wrap developments

    Here are some recent books, articles, websites and white papers etc that have provided food for thought...

    www.johnkay.com - author of The Long and the Short of It.  Alternatives views on low cost but effective portfolio construction and personal investing

    www.nudges.org - Thaler and Sunsteins work on choice architecture with thoughts on how this applies to personal financial planning

    www.thenumberbook.com - Eisenberg's website behind the best-selling The Number, with lessons on saving, deferred consumption and retirement planning