ABI director general Huw Evans is to quit at the end of the year for a new role as a partner at KPMG in its insurance and long-terms savings practice.

Andy Briggs, group CEO of Phoenix Group and former chair of the ABI, is to chair a new climate change committee for the trade body.

The Association of British Insurers has called for the Money Purchase Annual Allowance (MPAA) to be scrapped in the Budget.

The government plans to legislate for a major expansion of its Dormant Assets scheme to add selected insurance, investment and pension products.