ABI

A total of 85% of consumers believe their provider treats customers fairly (TCF), according to research by the Association of British Insurers (ABI).

Almost a quarter of people do not know how they would cope if they lost their regular income, according to research by the ABI.

A contribution charge would provide "the only fair and practical solution" to funding personal accounts, says the ABI.

The Association of British Insurers (ABI) and Financial Express have launched a web page to help financial advisers identify funds with similar investment strategies.

Compliance costs could be around £10m per year if all today's IFAs adopt the customer agreed remuneration models (CAR) likely to be a key part of RDR proposals.

The Pensions Bill's failure to safeguard existing good pension schemes represents a distraction from personal accounts' core function and target market, says the Association of British Insurers (ABI).

The Association of British Insurers (ABI) has come out strongly in favour of customer agreed remuneration, an Assisted Purchase sales process and increased IFA professionalism in its response to the RDR consultation paper.

Changes in the treatment of protection claims where medical information has not been fully revealed will not mean consumers can be more relaxed in their disclosure, AEGON warns.

Insurance companies have made a landmark agreement to pay more claims where customers have unintentionally not disclosed medical information, following guidance from the Association of British Insurers (ABI).

Personal accounts should not allow pension savers to fill gaps in their pensions by moving unlimited lump sums into the scheme, the Association of British Insurers (ABI) says.