ABI

Pension savers withdrew £1.8bn from pots in the first two months following the opening up of the retirement income space, data from the Association of British Insurers (ABI) has revealed.

Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...

The retirement reforms resemble a "botched DIY job" according to the Trades Union Congress (TUC), as the government comes under fresh attack for its implementation of the pension ‘freedoms'.

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.