ABI

The Association of British Insurers has called for help from IFAs, consumers, claims assessors and the Financial Ombudsman Service to create a new "user-friendly" reference guide of medical definitions for critical illness policies.

People with smaller pensions should see an improved income when they buy an annuity, if the requirement to buy an indexed DC pension is removed, says the ABI.

Consumer confidence in the UK financial services industry may not be moving as quickly as anticipated, according to new business figures from the Association of British Insurers.