ABI

The Financial Services Authority has reported a positive outcome to its recent investigation into the level of unauthorised general insurance business being conducted since regulation was introduced in January 2005.

The Association of British Insurers (ABI) has published a financial promotions resource pack for providers to help them ensure their marketing and publicity material for life and pensions products is clear, fair and not misleading.

The Financial Services Authority (FSA) has called on firms to take urgent action to ensure their selling practices for payment protection insurance (PPI) are in line with regulatory requirements.

HM Treasury has announced key revisions to its original proposals for anti-avoidance measures affecting the with-profits sector, set for inclusion in the Finance Bill 2006.

The government has published details of its forthcoming Compensation Bill to help tackle the rising compensation culture facing IFAs over the mis-selling of financial products, such as endowment policies.

The Association of Independent Financial Advisers (Aifa) and the Association of British Insurers (ABI) have published a guide for consumers explaining how A-Day may affect their pensions.

EMPLOYERS AND pensions experts attacked a deal announced yesterday by the government and trades unions to raise public sector retirement ages as "a feeble climbdown", according to this morning's papers.

The Association of British Insurers (ABI) has released new guidance on basic advice which aims to help providers understand and interpret FSA regulation and improve consumer knowledge and confidence.

The Association of British Insurers has urged its members to pay compensation direct to consumers despite the fact they may be dealing with a compensation claims management firm.

The government has altered earlier proposals to introduce a ‘with-profits tax' on reserve funds in a move which eill leave listed life insurance companies with tax bills worth hundreds of millions of pounds.