ABI

The FSA will take into account calls from the ABI to ban trail commission for IFAs as part of its Retail Distribution Review, but will also consider the views of other industry bodies.

Axa has hit out at rival protection providers for concentrating on the volume of conditions covered by critical illness plans, rather than its relevance to customers.

Revealing research suggests life insurers are saying no to high claims - and says advisers have a key role to play in stemming this trend.

A new director of life and savings has been appointed by the Association of British Insurers to start in July.

The Association of IFAs is calling on the National Audit Office to conduct a review of the Financial Services Authority every two years.

The Association of British Insurers has issued a consultation document outlining changes to some of the common definitions used in literature for Private Medical Insurance products.

The Financial Services Authority is looking at how regulation is acting as an 'unecessary barrier' to market development, and plans to outline its findings at the unveiling of the results of the retail distribution review in June.

The Government has narrowly defeated an amendment to the Pensions Bill to set up a ‘lifeboat fund' for victims of pension schemes which have wound up.

Annual savings of more than £1bn resulting from the abolition of contracting-out should be used to encourage private saving, rather than subsumed into general government revenues, says the Association of British Insurers.

The Treasury has extended the deadline for the processing of pipeline pension term assurance business to midnight on 31 July, following lobbying by the Association of British Insurers.