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Roundup ABI at the party conferences

This year the ABI attended the Liberal Democrat, Labour and Conservative party conferences and will shortly be attending the Scottish National Party conference. We hosted a number of events at both Labour and Conservative party conferences - many thanks to the large number of members who attended our events and helped to make them such a success.

Labour

At the Labour party conference in Brighton, the party’s first since its new leadership was elected, in addition to attending a number of fringe and roundtable events, including those run by members, we hosted a roundtable discussion on the future of retirement with attendees from industry and Westminster. The roundtable was run in partnership with the Institute for Public Policy Research (IPPR), and we were pleased to be joined by Nick Thomas-Symonds MP, newly appointed Shadow Minister for Pensions and Julie Elliott MP for a wide ranging and constructive discussion on policy priorities and the role that the Labour party shadow team can play in this important debate. Among the areas discussed was advice and guidance, how industry and Government assist consumers to successfully navigate increased complexity and deliver good outcomes and how to ensure consumers can exercise their new freedoms in retirement most effectively.

We also sponsored the Progress Reception and the ABI’s Louise Hanson was joined by Seema Malhotra MP, Shadow Chief Secretary to the Treasury, as a guest speaker at the well-attended event.

Conservative

We hosted a packed events programmer at Conservative party conference in Manchester, including a number of events on key issues facing the insurance and long-term savings industry, as well as attending a number of member events. We were pleased to sponsor the Conservative Women2Win Reception on Sunday evening, which included a fantastic line up of speakers alongside the ABI’s Huw Evans including Home Secretary Theresa May MP, Energy and Climate Change Secretary Amber Rudd MP, Conservative Party Chairman Lord Feldman, International Development Secretary Justine Greening MP, Leader of the House of Commons Chris Grayling, Education Secretary Nicky Morgan MP and Lord Faulks.

On Monday morning we hosted a roundtable event on civil justice modernisation with a number of representatives from industry, the legal community and public sector compensators. We were pleased to be joined by Heather Wheeler MP, Chair of the All Party Parliamentary Group for Insurance and Financial Services. The discussion covered a number of areas including the regulation of Claims Management Companies, how to better tackle insurance fraud and what more can be done to reform the civil justice system to ensure payment reaches genuine claimants quickly.

Monday lunchtime saw us host a well-attended discussion on the role of insurers in welfare reform. We were joined by Jeremy Quin MP and Craig Williams MP, both members of the Parliamentary Work and Pensions Select Committee, for an in-depth discussion on the role of insurers in supporting people - particularly within the context of increased savings in the welfare budget - and how we can better support employers and employees to manage workplace sickness absence.

We partnered with the Institute for Public Policy Research later on Monday to host an event on the future of retirement. The wide ranging discussion on long-term savings policy covered topic including pensions tax relief reform, how best to engage people with retirement savings and whether a culture of saving for retirement is compatible with austerity. The event saw a strong turnout of attendees from industry, think tanks and the third sector and speakers included the IPPR’s Director Nick Pearce and Jeremy Quin MP.


Last updated 01/07/2016