News articles
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Cost of motor insurance falls to four year low
28/07/2020
The average price paid for comprehensive motor insurance in the second quarter of the year at £460 was at its lowest quarterly level in four years according to the ABI’s latest Motor…
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Pensions Savers press pause in lockdown
26/07/2020
Latest industry data shows dramatic decreases in pension withdrawals during lockdown as pension savers opt to ride out stock market volatility and employment uncertainty During lockdown, throughout…
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ABI Comment on changes to guidance for travel to Spain
26/07/2020
Following the changes to Government guidance on travel to Spain including FCO advice against all but essential travel to mainland Spain and the imposition of a 14 day quarantine for travellers…
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ABI welcomes publication of draft Building Safety Bill
20/07/2020
The ABI has welcomed the publication today of the draft Building Safety Bill, which seeks to bring forward changes to the building safety regime. The Bill has been published in draft form to allow…
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ABI response on Public Accounts Committee report on tax reliefs
20/07/2020
The Public Accounts Committee have today published a report on tax reliefs, in which the Committee have called for a 12 month review of pensions tax relief. Commenting on the Committee's…
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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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ABI Comment on The CityUK report 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'
16/07/2020
The CityUK has published a new report, 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'.
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ABI Comment on DEFRA announcement on flood defence spending
14/07/2020
The Department for Environment, Food and Rural Affairs have today announced a new long-term plan to tackle the risks of flooding and coastal erosion. The plan as set out includes proposals for…
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Industry initiative to help long standing customers is delivering results says the ABI
10/07/2020
The industry initiative to help improve outcomes for long-standing customers launched two years ago is having a positive impact according to the review of its implementation published today by the…
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ABI announces extension to Chair and Deputy Chair terms
09/07/2020
The ABI today confirms that both its Board Chair Jon Dye, Chief Executive, Allianz Insurance, and Deputy Chair Julian Adams, Director, Public Policy and Regulation, M & G plc, have agreed to…