News articles
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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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FCA Call for Input a welcome opportunity
01/05/2019
Responding to the FCA’s call for input on its proposed approach to reviewing the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR) Hugh Savill, Director of Regulation at the ABI, said:
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The ABI’s reaction to the FCA’s Retirement Outcomes Review Policy Statement
28/01/2019
Reacting to the FCA’s latest Policy Statement on the Retirement Outcomes Review, Rob Yuille, Head of Retirement Policy at the Association of British Insurers said...
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ABI responds to FCA launching a market study into pricing in motor and home insurance
31/10/2018
Commenting on today’s confirmation by the Financial Conduct Authority (FCA) that it is launching a market study into pricing practices in the retail motor and home insurance markets, Hugh Savill, the…
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FCA interim report on their market study into the platforms market
16/07/2018
Commenting on the publication today (16 July) of the interim report by the FCA on their market study into the investment platforms market, Hugh Savill, Director of Regulation, Association of British…
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Investment pathways are a common sense approach and foundations for a drawdown tool are already laid
28/06/2018
ABI responds to the FCA's Retirement Outcomes Review
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Insurance industry takes action on excessive differences between new customer premiums and renewals
08/05/2018
Insurers and brokers have today announced a new plan to help tackle excessive premium differences between long standing and new customers. The ABI (Association of British Insurers) and BIBA (British…
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The transition towards SM&CR for insurance firms
04/04/2018
There is a great deal of anticipation ahead of the impending rollout of the Senior Managers & Certification Regime (SM&CR) for insurers. The fact that many of the requirements within…
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HM Treasury delays the transposition of the Insurance Distribution Directive
02/02/2018
James Bridge, Assistant Director, Head of Conduct Regulation at the Association of British Insurers, said: “We are pleased that HM Treasury has taken the pragmatic decision to pause the transposition…
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ABI response to CMA announcement on comparison websites
26/09/2017
Commenting on today’s update from the Competition and Markets Authority (CMA) regarding ground rules for price comparison websites and one further area of investigation, James Bridge, Head of Conduct…