Rising Life Expectancy Soars Demand for Pension Funds in IndiaBy: Shushmul Maheshwari
|
Rising Life Expectancy Soars Demand for Pension Funds in India
|
Write a Review
Add to My Favorite
Refer it to Friend
Report Broken Link
|
According to our new research report titled “Indian Pension Fund Market Forecast to 2013”, with growing life expectancy and huge working population base, pension and annuity funds managed by life insurers are forecasted to grow at a CAGR of approx. 35% between 2008-09 and 2012-13.
Pension products contribution to the Indian life insurance industry will continue to rise in coming years as majority of the working population in India expects to have better quality of life or at least maintain the current living standards post-retirement. Moreover, most of the private companies in India do not provide pensions and employees typically depend on their provident fund for finance after retirement. In fact, provident fund financing in most of the cases remains insufficient to maintain the current living standards.
These pension plans are primarily targeted at the population in the age group of 35-45 years who has already completed saving for its protection needs and is looking for retirement plans. Young couples have also been found seeking retirement plans, but their number is relatively small and mainly noticed in metropolitan cities. However, the trend is gradually expanding to tier II and tier III cities.
Our research findings also reveal that pension plans account for close to 40% of the life insurance industry in terms of premium. Life Insurance Corporation (LIC) dominates the pension market while private life insurers are yet to take off. Private life insurers contributed just 7.5% to total pension insurance premium in 2007-08 but it is expected to rise to about 15% by 2012-13.
“Indian Pension Fund Market Forecast to 2013” is a comprehensive research report that comprises quality research and in-depth analysis on the pension market in India. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the Indian Pension market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM016.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
|
| Keywords |
Indian Pension Fund Market Forecast to 2013, Market Research Reports, Industry Report |
| Category |
Business |
| Submission Date |
Oct 19, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
|
|
Other links at Business |
| 1. |
Freelancing and Copyright Law
|
|
|
When you are employed by an organization as an employee, there is usually a clause in your employment contract that states that any product produced by you while under employ by the company becomes the sole property of the employer. This generally extends to intellectual property as well. This is known in the copyright law as “works made for hire“.
In the case of freelancers, this rule does not apply unless you are commissioned to do the work.
Generally speaking, the work that freelancers produce is considered owned by them by copyright laws. Section 201(a) of Title 17 of the U.S. Code states: “Copyright in a work protected under this title vests initially in the author or authors of the work.” Other countries usually observe this convention as well. In common practice, however, the client will ask the freelancer to relinquish all rights of ownership to their work without further consideration or institute a “works made for hire” clause as a condition of the contract. This might not be an issue for you if you will be producing new work on the client’s time. Try at least to get the rights to reference work you produce for your portfolio or other marketing effort.
What about work produced on your own time, as might be the case of with a program subroutine you’ve written that can be incorporated into a new client’s program, or an illustration technique that you’ve branded as your own? In those cases, you’ll have to negotiate your rights as part of the contract.
There is also the issue of electronic rights. When a freelancer agrees to produce something for print media, there is a tacit understanding that the piece has a limited exposure value. However, if that work then is posted onto the Internet or is syndicated and widely distributed on CD-ROM, the question arises whether the author should be compensated with a royalty because of its use beyond the original scope. This issue was at the center of controversy during the Hollywood screenwriters’ strike at the end of 2007, although in that case, it had to do with being compensated for the extended use of their work by producers who collected rental fees when the shows they wrote were released on DVD. The U.S. Supreme Court has upheld the rights of freelancers to prevent use of their work (or require additional compensation) in electronic media in two court cases.
The American Society of Journalists and Authors has published an article that summarizes freelancer’s rights nicely. Although it is targeted primarily to writers, the rights it references apply to other professions as well. A good source for additional information on copyrights, intellectual property, patents, trade secrets, and trademarks can be found at the excellent Intellectual Property Advisor web site (IntellectualPropertyAdvisor.com)
|
| 2. |
Emerging Countries Pushing Semiconductor Demand
|
|
|
Optoelectronics semiconductors have wide applications in various products ranging from jet visors to data and audio communications devices. Most renowned applications include use of optoelectronics in plasma screens, optical storage devices (such as CDs and DVDs), laser printers, scanners and digital cameras. With rapidly surging demand for such products, the sales of optoelectronics semiconductors have escalated significantly over the past few years.
According to our new research report, “Semiconductor Industry Forecast to 2012”, the global market for optoelectronics semiconductors was estimated to reach between US$ 17.5 Billion and US$ 18 Billion in 2008, an increase of around 13%-15% over the previous year. This strong growth in sales of optoelectronics semiconductors is attributed to the growing demand for plasma TVs, CDs and DVDs, and digital cameras in the emerging markets of Asia.
As the demand for optoelectronics semiconductor devices continue to fall in countries like the US, the UK and Japan, manufacturers have started eyeing on the emerging markets such as China and India. These countries represent enormous growth prospects for optoelectronics semiconductor industry with potentially high demand for such products, says a Senior Research Analyst at RNCOS.
In wake of growing demand for optoelectronics semiconductor devices, we projects that the global optoelectronics semiconductors market will grow at a CAGR of 9.6% during 2009-2012. Besides, the report also covers other semiconductor segments such as integrated circuit (IC), sensors and discrete semiconductors which are anticipated to grow at a CAGR of more than 8%, 7% and 5% respectively during the forecast period.
“Semiconductor Industry Forecast to 2012”, provides exhaustive information comprising qualitative research and in-depth analysis on the global semiconductor market. It also gives insight into the current semiconductor market scenario across the world. The report provides clients an overview on the future outlook of semiconductor market at global as well as country level. Various countries covered in the research include: the US, the UK, Germany, France, Korea, Japan, Taiwan, China, India, Singapore and Russia.
The research report also offers thorough information on various potential applications of semiconductors across the world, including computers, mobile phones, WiMAX terminals, GPS chipsets, etc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM179.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
|
| 3. |
What is SEO and List Building?
|
|
|
Traffic is the very lifeblood of every business online. With over a million new web pages being created daily the chances of a potential customer finding you at just the right time is very slim. Therefore building a search engine optimized site is important in order to get a rating close enough to the front of the list a user will find your site before tiring of the search or finding their purchase elsewhere. First off, Search Engine Optimization is designed to get "leads" to your website. It is only after you get them to view your information that they may become customers. It is impossible to know every nuance of what the search engines look for but there are a few firm rules for improving your ranking. Firstly you must use exacting html code. Removing depreciated code elements will make your page more modern and relevant and easier for the spiders to read. Your text must contain a fair number of your keywords in appropriate places. Be sure to include keywords in the alt tags of photographs and headers. For more detail go to: www.freelist-pro.com.Also make sure you have the proper information in your Meta tags and make sure that links to and from your page are relevant to the content. Never rely solely on search engine traffic to make your site prosper. Too many variables can come into play. For one, the search engines routinely change the details of what they are looking for and also the actual words typed into a search box may or may not fit the exact wording of your keywords. For more detail go to: www.mailing-lists-manager.com. However good SEO is it is still a random source of viewers. With a list of opted in e-mail clients you have a direct market to people who have already shown an interest in what you are offering. Some care should be shown to exactly how you use your list since it is a valuable commodity for your business. Unless you have just one product you will want to group your list into subcategories of user interests. If for instance you have a group interested in software you would want to avoid sending them advertisements for hardware and electronics. Focusing on their interests will keep them from beginning to see too many uninteresting emails and possibly unsubscribing from your mailing list. Your list can form a group of people loyal to your product or ideas. To increase your list and create a viral growth, it is possible to engage your existing clients to spread the word for you. An irresistible product that can be offered for free or a huge discount if your customer has referred someone else to you can win even greater support of your efforts by those who use them. Building a good SEO page is a one time task. Updating data does not require extensive reworking. List building on the other hand is an ongoing process. Even if you only update your site infrequently, an hour a day working on advertising to drive new people to your signup squeeze page will eventually grow your business to new levels of success.
|
| 4. |
RNCOS Releases a New Report- Wind Power: Opportunities in Emerging Markets
|
|
|
RNCOS has recently added a new Market Research Report titled, “Wind Power: Opportunities in Emerging Markets” to its report gallery. Power is the backbone of any economy in today’s world. But the high price of fossil fuel is forcing countries to focus on renewable energy sources. So the technologically-developed countries have replaced a considerable portion of their fossil fuel power with renewable sources to sustain their concrete growth. But, according to "Wind Power: Opportunities in Emerging Markets”, emerging countries, who have just started their journeys, too need to maintain a robust power supply because
- Most of the emerging economies are preferred destinations for industrial and manufacturing plant set up by developed countries.
- Development of power grid connectivity has boosted up the power consumption.
- Increasing population has fuelled the power requirement in developing economies.
However, rising fossil fuel prices are challenging the growth potential of these countries. Therefore, like developed countries, these nations too are adding renewable sources in their power mix.
For most of the emerging countries, wind power seems to be the best choice as it is relatively low cost than other renewable sources and is a cleaner source of energy. With technological development, wind will become a highly competitive source for power generation, creating business opportunities for manufacturing and material innovations. This, in turn, will boost the manufacturing sector of the emerging countries.
To analyze the market potential for wind industry in the emerging economies, we have selected countries based on various aspects, like market performance and power generation sources. This report also provides a brief description on key turbine manufacturing companies present in the emerging economies.
Key Findings of the Report
- Total wind power installation in People’s Republic of China is projected to cross 100 GW by the end of 2020.
- Wind power industry will be the major focus area in India during its 11th Five Year Plan.
- By the end of 2009, wind power installation in Turkey is anticipated to reach slightly less than 1 GW.
- In 2009, Brazil’s cumulative wind power installation is likely to exceed 1 GW mark.
- It is expected that the wind power generation in Poland will go beyond 26 TWH by the end of 2020.
- Egypt’s wind power installation is projected to cross 1 GW mark in 2009.
Key Issues and Facts Analyzed in the Report
- Analysis of the power industry at country level to find out the prospects of industry growth.
- Identification of factors that are infusing growth in wind industry at country level.
- Evaluation of growth trends of wind power installation.
- Quantifying the future growth of wind power installation in each country.
Research Methodology Used in the Report
Information Sources
The information has been compiled from various authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and access to more than 3000 paid databases.
Analysis Method
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For more information visit: http://www.rncos.com/Report/IM158.htm
Current Industry News: http://www.rncos.com/Blog/
|
| 5. |
Vietnam - Young & Educated Population Raises Insurance Demand
|
|
|
As people in Vietnam buy life insurance products with the assumption of long-term investment, the life insurance market will see least impact of economic slowdown and is projected to grow at a CAGR of more than 12% during 2008-2010, said RNCOS in its new research report, “Vietnam Insurance Sector Forecast to 2010”.
Vietnam has a big proportion of young & educated people, comprising over two-third of the total population. People with higher insurance awareness are more insurance demanding. Young generation also seems to be more investment-oriented and has tendency to take higher risk compared to elders. Besides, the insurance cost is comparatively low at the young age and all insurance products are accessible to youths. Thus, high proportion of young & educated people in Vietnam is providing more growth opportunities to its insurance industry.
In addition, improving income level has accelerated the growth momentum of Vietnamese insurance industry, particularly in life insurance segment that includes high saving products. High income has made insurance products affordable for a large section of the population. Moreover, per head disposable income in Vietnam surged at a CAGR of nearly 7.8% during 2002-2007 to generate revenue of US$ 385 in 2007, triggering growth in the insurance industry. This is further expected to grow at a CAGR of about 6% between 2008 and 2012, making Vietnamese wealthier, which in turn, increasing sales of insurance products.
The report includes forecast on various segments of the Vietnamese insurance industry including forecast on per head disposable income, insurance premium and passenger cars registration.
“Vietnam Insurance Sector Forecast to 2010” explores the market development and potential along with giving broad overview of the insurance sector in Vietnam. The report studies the present and past market trends to evaluate the market dynamics comprehensively. The forecasts and estimates provided in the report are not based on the complex economic model, but intended to give rough guide in which direction the market is likely to move in future.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM146.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
|
|
|
