麦肯锡：抓住不断发展的英国储蓄和退休市场的增长机遇（2023）（英文版）（11页）.pdf

1、Insurance PracticeCapturing growth in the evolving UK savings and retirement marketCompanies in the UK savings and retirement market can consider targeting four high-growth segments to create a competitive advantage and to boost their resilience in challenging times.March 2023by Sid Azad,Rajiv Datta

2、ni,Jonathan Deakin,and Leda Zaharieva piranka/Getty ImagesTodays rapidly evolving macroeconomic conditions are creating considerable uncertainty for both consumers and companies participating in the UK savings and retirement market.In the near term,inflation is posing significant challenges for UK h

3、ouseholds and is likely to lead to a further reduction in the real value of total savings and the savings rate.It is not yet clear just how deep an economic downturn might be,the effect it might have on employment,the extent to which rising interest rates might offset a lower savings rate,and how cu

4、stomer needs and preferences regarding products with guarantees or downside protection will evolve.These are just some of the uncertainties that will shape consumers savings behavior and their need for financial advice and support in the years ahead.Already,companies throughout the industry are resp

5、onding with a variety of balance sheet actions and revenue and cost actions intended to protect margins and support customers through this challenging period while investing to meet consumers future needs.Managing through this volatile period will require companies to build resilience,1 maintain the

6、ir strategic courage,2 and take a through-cycle view.Those who do so will not only meet their societal obligations but also build a competitive advantage,delivering leading shareholder returns.Analysis of historical revenue growth data for more than 200 large companies around the world indicates tha