ABI

With the Law Commission's reform of insurance contract law almost complete - is the industry ready for change? Will the new law reflect the current industry practice and last another 100 years, asks Gill Salton?

The ABI and Association of Member-directed Pension Schemes (AMPS) have published a guide to help SIPP providers communicate more effectively with customers and their advisers.

Only one intermediary responded to the Association of British Insurers' (ABI) Total and Permanent Disability (TPD) definitions consultation period, the ABI has said.

Lord Myners says ‘more needs to be done' before Solvency II can deliver on its promise of significant reform of the insurance industry.

Less complexity and greater financial literacy is what is needed in the pension industry, not more choice, says shadow pensions minister Nigel Waterson.

Despite an increasingly busy fourth quarter for many in the industry, it is unlikely to have escaped too many people's notice that the possible impact of the "Solvency II" directive on annuities is already attracting a lot of negative and nervous attention....

The ABI reviews the statement of best practice on critical illness every three years. Given the high frictional costs associated with the change that the customer ultimately pays for, is it still correct that we should follow this strict path?

In September the Financial Ombudsman Service (FOS) published company specific complaints data for the first time while the ABI has published company aggregated data.

Maggie Craig will be interim director general of the ABI until a replacement for Stephen Haddrill is announced, the trade body said today.

Former Standard Life head of distribution Peter Jolly is joining the ABI to help channel members to be RDR compliant.