News articles
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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…
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The UK’s lost pension mountain could be worth £20 billion – at least six times higher than previously estimated
17/10/2018
1.6 million lost pensions pots worth nearly £20 billion could remain unclaimed according to latest research. More frequent job changes and home moves are the main reasons why people can lose track…