“The Chancellor’s Budget has rightly focused on providing greater reassurance for households and businesses, while maintaining public finances and supporting the investment needed to drive long-term prosperity and resilience.
“As major investors in the UK economy, insurers and pension providers help secure the homes, infrastructure, businesses and transport that support economic growth and national resilience. We agree that stability, certainty and proportionate regulation are essential to creating the right conditions for investment and economic success. We’ll continue to work closely with our members and the government as it sets out more details on its plans to drive this forward. As this agenda develops, it’s essential that the interests of savers remain at the heart of all investment decisions, in line with providers' fiduciary duty to deliver good outcomes for the millions of people whose money they manage.”
Hannah Gurga
Director General, The ABI
About us
The ABI is the definitive voice of the UK’s world-leading insurance and long-term savings industry, which is the largest sector in Europe and the third largest in the world.
We represent more than 300 firms within our membership including most household names and specialist providers, providing peace of mind to customers across the UK.
Our sector is productive, inclusive and essential to the UK economy and together, we are driving change to protect and build a thriving society.
Find out more at abi.org.uk