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Protection insurance payouts jump to £3.44billion

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

Savers take out £800m in payments from income drawdown

Savers took out £800m worth in payments from income drawdown policies in 170,000 withdrawals in the first two months after the pension reforms kicked in. Read more...

ABI: Protecting elderly, stopping scams vital for annuities plan

Protection for the rights of dependents and beneficiaries particularly vulnerable older people must be cemented before secondary annuity market plans go ahead, the ABI says. Read more...

ABI: We urgently need joint task force on pensions

A pensions taskforce is urgently required to solve the problems that have arisen since the retirement income reforms took effect in April, the ABI says. Read more...

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