Latest News
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Millions face poorer retirement if Chancellor levies National Insurance on pension contributions in Budget
09/10/2024
Nearly half of employers that pay staff more than the minimum pension will consider reducing their contributions if the Chancellor introduces National Insurance (NI) taxation on employer pension payments.
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No let up in crack down on insurance cheats as industry detects £1 billion worth of fraudulent claims
25/09/2024
Cracking down on insurance fraud remains a top priority for the industry, the Association of British Insurers (ABI) has said today, as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022.
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Tax contribution from the insurance and long-term savings industry hits record high
23/09/2024
The Association of British Insurers’ (ABI) latest Total Tax Contribution (TTC) Survey, produced by PwC, shows that the trade association’s members contributed a record £18.5 billion to the UK’s public finances.