Blogs

  • Have you lost contact with £9,500? With the number of lost pots on the rise, now is the time to pay your forgotten pension pot some attention

    02/11/2022

    Following the publication of the Pension Policy Institute’s study on lost pension pots, Hetty Hughes, ABI Manager, Long Term Savings Policy, reflects on why this means we all need to pay our pension some attention.

  • How can you engage younger workers to start saving for a pension?

    01/11/2022

    Pensions are not usually at the forefront of a young worker’s mind. As a 19-year-old I have certainly never thought about my own. So why should young workers start saving into a pension, and why now?

  • Brits are not retirement ready

    31/10/2022

    Ten years on from the introduction of automatic enrolment, Director General of the ABI Hannah Gurga reflects on the significant impact that it’s had and the challenges that remain.

  • Some suggestions for using the free National Pension Tracing Day employer toolkit

    24/10/2022

    It's been estimated there could be 1.6 million lost or forgotten pension pots out there and as many as 1 in 30 could have a lost or forgotten pension. National Pension Tracing Day is on Sunday 30 October and invites people to search for lost and forgotten pensions. Employers can help with the hunt by using their internal communications channels to help employees find lost pensions. Find out more about the Employer Toolkit.

  • The UK Fraud Strategy – a whole system response

    20/10/2022

    The UK Fraud Strategy looks to tackle fraud through a partnership approach which harnesses the capabilities, resources and experience of the public and private sectors to restore public faith. Mark Allen, our Chief Fraud and Financial Crime Officer explains how the ABI is playing its part.

  • Grand Designs - How can tax policy and regulation be part of the grand design for UK competitiveness

    19/10/2022

    The Global pandemic, an energy crisis, the great resignation. To say the last few years have been far from business as usual would be an understatement. Tax policy and regulatory reform have increasingly become tools used to meet short-to-medium term government objectives, but what has been and will be the resulting effect of these changes when we consider UK competitiveness? This annual conference breakout session will explore the current outlook of UK competitiveness which our esteemed panellists will agree, has tax and regulation at its heart.

  • Welcome to your pensions dashboards (hub)

    07/10/2022

    Credit:metamorworks

    Evey Tang explains how the ABI Pensions Dashboard hub is designed to be a one-stop-shop for members and stakeholders to see all of our work to date in support of the industry embracing this once-in-a-generation transformation.

  • The regulatory change we need to see to help consumers build and manage the savings they want

    06/10/2022

    Consumers need more support to have the retirement income they expect. Providers should be allowed to offer it. The FCA’s proposed review into advice and guidance could make this happen. Maria Busca, ABI Policy Adviser, Long-Term Savings, explains more.

  • Responding to Uncertainty: ABI Tax Convention 2022

    06/10/2022

    Last month, member and stakeholder delegates gathered at the Wyboston Lakes conference centre in Bedfordshire for the 9th annual ABI Insurance Tax Convention. David Jordorson provides an overview of the event and explains how the OECD framework was at the heart of discussions.

  • Will the robots take over? How insurers can use data for better outcomes all round

    06/10/2022

    With the world becoming increasingly data driven, now is the time to do the groundwork in defining how data and associated technologies will be used in general insurance in the decades to come. Lucie Hart looks at the implications of the data revolution.