ABI quality mark lacks support

Forty-one financial services firms have signed up to the ABI's Raising Standards quality mark scheme but some large insurers have yet to express their support. The ABI launched the quality mark scheme last month to help repair consumer faith in the insurance industry. The scheme is part of the ABI's Savings and Long Term Risk initiative (SALTR) and has the support of the Government, the FSA and the AIFA. Life offices have to adhere to a number of promises, including clear and comparable information, appropriateness of products purchased and quality of service. Those who have not sign...