Articles
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ABI response to the Spring Budget
06/03/2024
The ABI has responded to the Spring Budget 2024, delivered today by the Chancellor of the Exchequer.
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Unmasked – the Insurance Industry Gets Snippy on IPT
29/02/2024
Now has never been a better time for the Government to reduce Insurance Premium Tax.
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We Launch a New Guide to Help Firms Use AI Responsibly
27/02/2024
We have worked with experts to produce a guide to responsible AI innovation.
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ABI and PLSA Highlight 4 Measures to Boost UK Growth
27/02/2024
Over the last year, PLSA and the ABI have been involved in a number of initiatives on how Government can attract greater pension investment in UK growth.
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We Unveil 10 Steps the Industry is Taking to Combat the Rising Costs of Motor Cover
27/02/2024
Insurers announce actions to bring down costs after premiums increased 25% in 2023.
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Our Covid Support Fund Donates £652,000 to FT Financial Literacy Charity
27/02/2024
The funds will support healthcare workers, carers, service personnel and hospitality workers.
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We Respond to the Advice Guidance Boundary Review Policy Paper
26/02/2024
The FCA and the Government have sought reviews on a policy paper containing proposals for closing the advice gap.
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2023 Sets New Post-Pension Freedoms Record for Annuity Sales
16/02/2024
Our data shows a record year of sales for the retirement product – the highest annual value since the introduction of pensions freedoms.
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Lloyds Banking Group’s Chira Barua Joins ABI Board.
07/02/2024
The CEO of Scottish Widows / CEO of Insurance, Pensions and Investments of Lloyds Banking Group, Chirantan (Chira) Barua has joined the Board of the ABI. Meanwhile two committees welcome new…
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The cost of home insurance rises as insurers support customers and battle cost pressures
07/02/2024
In year marked by a succession of storms, our latest Home Insurance Premium Tracker shows the price paid for the average combined buildings and contents policy rose 13% in 2023 to £341.