News articles
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ABI warning: superfunds pose unacceptable risk to scheme member benefits
08/02/2019
The Association of British Insurers (ABI) has today published its response to the Department for Work and Pensions’ (DWP) consultation on the Consolidation of Defined Benefit Pension Schemes. In its…
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Industry unveils new calculator to estimate potential income gap if you fall ill or injured
06/02/2019
Percy The Protection Calculator’, which is still in development, is a calculator aimed at consumers that is designed to give quick access to an accurate estimation of likely monthly income if you’re injured or fall ill. This is done by tapping into the Government’s benefit data and combining it with information provided by the Calculator’s user.
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Cost of home contents insurance falls to a record low, yet one in four UK households are uninsured
01/02/2019
The average weekly cost of home contents insurance is now £2.40 a week- less than the average weekly spend on takeaway meals. One in four UK households have no contents insurance protection…
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Latest Brexit votes: “Encouraging” Parliament won’t support a no-deal outcome
30/01/2019
Commenting on the latest votes in Parliament on the UK’s exit from the European Union, Huw Evans, Director General of the Association of British Insurers, said: “While further delay does nothing to…
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ABI responds to DWP Pensions Dashboards Feasibility Study Consultation
29/01/2019
Commenting on the ABI's submission to the Department for Work and Pension's Dashboard Feasibility Study consultation, Rob Yuille, Head of Retirement Policy at the Association of British…
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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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UK Switzerland deal reached on insurance
25/01/2019
Commenting on today’s announcement from HM Treasury of agreement being reached on a UK Switzerland deal on insurance after Brexit, Carol Hall, Head of European and International Affairs at the ABI…
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What business insurance do I need?
25/01/2019
Insurance Questions Answered: I own my own small business, what business insurance should I have? If you run your own small business, it’s sensible to have the right sort of cover should…
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Turning the corner – cost of motor insurance falls in 2018
24/01/2019
The cost of motor insurance fell in 2018, the first calendar year fall since 2014, according to the Association of British Insurers’ (ABI) latest Motor Premium Tracker published today. The fall came…
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Ethnicity pay reporting "an important next step" - ABI
23/01/2019
The insurance industry is supporting efforts to introduce ethnicity pay reporting as a further step to improving diversity and inclusion across all job levels and in all sectors.