ABI

Pension scam awareness tips to pass on to clients

Life insurers received three times more telephone calls than average in the week following the implementation of pensions freedom, figures show.

The Association of British Insurers (ABI) has launched a campaign to help customers understand their choices in retirement following the government's pension reforms.

The Association of British Insurers (ABI) has called on the industry to fully support upcoming pension changes but warned "critical pieces of the jigsaw are still missing and will not be in place in time".

The Association of British Insurers (ABI) has appointed Yvonne Braun to head up the trade body's long term savings policy, which will include how the industry deals with the incoming pension reforms.

The Association of British Insurers (ABI) has updated its guidelines on how critical illness (CI) policies should be described and explained to consumers, in a move it hopes will ultimately lead to fewer declined claims.

Fundamental problems with the shopping around system for annuities must be addressed before pension freedoms being in April, experts have said.

Sales of drawdown contracts have more than doubled compared to the third quarter of last year while annuity purchases continue to fall, according to latest Association of British Insurers (ABI) statistics.

Association of British Insurers (ABI) director general Otto Thoresen is to step down in 2015 to chair the National Employment Savings Trust (NEST).

Standard Life's Barry O'Dwyer has been named chairman of the Association of British Insurers (ABI) long-term savings and life insurance committee.