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ABI to announce new code to protect vulnerable

Plans for a new industry code on vulnerable customers at renewal and to publish industry data on how many claims are accepted for motor, property and travel products, will be announced by ABI chairman and AXA UK CEO Paul Evans today.

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4 in 5 cash lump sums paid to under 65s

The Association of British Insurers has revealed that around 80% of cash lump sum withdrawals were made by people who had not reached 65 years of age. Read more...

£2.5bn taken out of pension pots but 'one serious cause for concern'

Almost £2.5billion worth of payments have been made to savers in the first three months since the new pension freedoms came in, the Association of British Insurers has reported. Read more...

Protection insurance payouts jump to £3.44billion

Payouts from protection insurance jumped by about £360million in 2014, newly released figures have shown. Read more...

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