New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.
The Association of British Insurers (ABI) and Department of Health have signed a ‘statement of intent' focusing on the future development of the long-term care market.
The Financial Conduct Authority (FCA) has hired Maggie Craig, a former director of the Association of British Insurers (ABI), as an adviser on policy issues.
Retirement Planner's round-up of the top pension stories this week.
Retirement Planner's round-up of the top pension stories this week.
Pensions minister Steve Webb has called on the Association of British Insurers (ABI) to conduct its audit of high-charging legacy schemes to "far faster".
The code of conduct on annuities established by the Association of British Insurers is to be tightened after allegations some insurers were flouting the rules, according to reports.
Fiona Murphy asks what the FCA's review into inducements from life offices means for the advice industry
The Association of British Insurers (ABI) has announced that three members of its executive team, including Stephen Gay and Maggie Craig, are to leave the trade body.
Retirees could be missing out on a collective £33m a year if they rely on online annuity brokers as many fail to offer the best possible rates, analysis Key Retirement Solutions (KRS) shows.