The Association of British Insurers (ABI) and National Employment Savings Trust (NEST) have launched a partnership, boosting the relationship between the insurance and long-term savings trade body and the Government-established workplace pension scheme.

Ahead of the Budget, the ABI has called on Chancellor Philip Hammond to end what it called ‘salami-slicing’ of cutting pensions tax relief.

The launch, by the FCA and The Pensions Regulator yesterday, of a joint regulatory strategy aimed at taking action to deliver better outcomes for pension consumers has been backed by the profession.

The Association of British Insurers (ABI) has appointed a new chair of its Long-Term Savings Committee.