News articles
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ABI Comment on Money & Pensions Service Behavioural Trial Results
16/07/2020
The Money and Pensions Service (MaPS) released the results of behavioural trials to explore more effective ways of prompting people who phone their pension provider for retirement information to take Pension Wise guidance.
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Low earners missing out on vital tax relief despite more saving for a pension
23/06/2020
Basic rate taxpayers make up 83.4% of total taxpayers but only receive 26% of the pensions tax relief related to Defined Contribution pension contributions The need to overhaul the UK’s…
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COVID 19 – Pay day for insurance and pension scammers
10/04/2020
The ABI is warning people to be on their guard against scammers looking to cash in on the financial hardship that Coronavirus is causing for many families and firms...
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ABI responds to Budget 2020
11/03/2020
Commenting on today’s Budget, Huw Evans, ABI Director General, said...
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ABI responds to FCA announcement on disclosing cost and charges to the workplace pension scheme
04/02/2020
Today the FCA issued a policy statement on reporting costs and charges information to workplace pension scheme members...
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ABI comments on Pensions Schemes Bill in Queens speech
14/10/2019
Commenting on the announcement of a Pensions Schemes Bill in the Queen’s Speech today, Yvonne Braun, Director of Policy, Long Term Savings and Protection, Association of British Insurers…
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Pensions Dashboard steering group announced
25/09/2019
Commenting on today's Money and Pensions Service announcement that a Pensions Dashboard steering group has been set up, Yvonne Braun, Director of Policy, Long Term Savings and Protection…
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ABI responds to FCA proposals on defined benefit pensions
30/07/2019
Responding to the FCA announcement today of measures to protect consumers transferring out of defined benefit pension schemes, Rob Yuille Assistant Director, ABI’s Head of Long-Term…
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ABI reaction to DWP's Collective Defined Contribution Pension Scheme Consultation
06/11/2018
In response to the Department for Work and Pension's consultation released today on Collective Defined Contribution Pension Schemes, the ABI's Head of Retirement Policy, Rob Yuille…
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Pensions tax relief – time to end the salami-slicing says the ABI
22/10/2018
Ahead of the Budget, the ABI is calling for an end to the salami-slicing approach to cutting pensions tax relief and says that it is ready to work with government on any longer-term reforms. Since…