News articles
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HM Treasury can reassure do-it-yourself investors and pension savers by reforming guidance
29/09/2021
The Association of British Insurers (ABI) is urging the Government to reform regulation around advice and guidance in their review of the wholesale and retail investment market. This will enable do-it-yourself investors and pension savers to get better financial guidance from their provider, so they can be more informed and reassured about their investment decisions.
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Stop more confusion for pension savers: ABI calls for simplicity when the Government increases pension access age
14/09/2021
The Association of British Insurers (ABI) is calling for a simpler approach when the Government delivers its planned increase of the age that you can first access your pension from 55 to 57. The proposals set out in a consultation closing today will cause enormous confusion for pension savers navigating the already complicated UK pension system.
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Industry fears customers are still not getting enough support with pension withdrawals
16/06/2021
A new report from the Association of British Insurers (ABI), ‘Future Proofing the Freedoms: Supporting customer decisions about pension withdrawals’, published today found pension industry experts fear that many people are withdrawing from their pension without any advice or guidance.
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Budget 2021: ABI response
03/03/2021
The ABI's response to the Budget 2021.
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Scrap the Money Purchase Annual Allowance to help financial resilience
26/02/2021
The Association of British Insurers is calling for the Money Purchase Annual Allowance (MPAA) to be scrapped in the Budget so pension savers who have had to dip into their retirement savings during the pandemic are not penalised for paying it back when they can.
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Pension Schemes Bill completes parliamentary stages
19/01/2021
Association of British Insurers Director of Policy, Long-Term Savings and Protection, Yvonne Braun comments on the Pension Schemes Bill completing its parliamentary stages.
