ABI

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.

BRITAIN'S ECONOMY expanded at its slowest annual rate in more than 12 years in the second quarter, according to this morning's papers.

State pensions must be reformed to help women and poorer people in particular, Stephen Haddrill, director general of the Association of British Insurers (ABI), said on Monday.

How do you think the FSA would respond if a financial services firm said something was a success when it had in fact been a failure? Could this be considered misleading under the terms of financial promotion rules?

The Personal Finance Society welcomes the new Chartered Financial Planner title and says IFAs have "nothing to worry about" in response to concerns it will puzzle consumers.

IFAs and multi-tied advisers are being asked to get involved in a survey which will form part of the next stage of the ABI's review into the use of indemnity commissions.

The Association of British Insurers is changing the way past performance data is presented for all investment funds in the life and pensions sectors to give advisers and consumers a better ‘like-for-like' comparison of how charges affect returns.

The government's stakeholder range of savings have shown "disappointingly low sales", according to the latest life and pensions new business figures from the Association of British Insurers (ABI).

The Association of British Insurers (ABI) has published a position paper on contracting out of the State Second Pension following the reports from the Financial Services Authority (FSA) and Which?.