ABI

The ABI is claiming its campaign calling for the removal of RU64 has been a key factor in the FSA's decision to consider withdrawal of the rule.

A new benchmarking service covering customer service levels will publish results annually and give life and savings providers a better indication of an industry-wide norm, the Association of British Insurers says.

The ABI has called for automatic enrolment by workers into their company pension schemes, with an additional option to opt out, as part of a greater package of reforms to encourage a new savings culture in the UK.

THE GOVERNMENT could boost pension saving by £2.1bn a year if they offered small employers a tax credit to pay for financial advice for workers, insurers will tell work and pensions secretary David Blunkett on Thursday, says the Times .

FINANCIAL TRADE BODIES have backed Tony Blair's claim the Financial Services Authority was "hugely inhibiting of efficient business", says the Daily Telegraph.

The latest quarterly business figures from the Association of British Insurers (ABI) paints a stagnant picture on pensions and long-term savings in the UK.

A host of pension providers believe the impetus for a pension-clearing system is waning, following closer inspection of its feasibility.

Insurers' capital requirements could be cut by up to 50% and still meet new capital adequacy rules, research from Deloitte suggests.

The Association of British Insurers has backed FSA plans to alter variation clauses as its own legal advice suggests the use of current contracts could be challenged by the Financial Ombudsman Service.

Money Box's programme on The Sins of Commission and possible solutions to the public perception of IFA commission generated a plethora of responses market ranging from criticism of the journalistic bias to support for fund manager performance-based...