ABI cautious on call for 2 page pension statements

The ABI has given a muted welcome to plans by Pensions Minister Guy Opperman MP, announced at the weekend, to give DC pension scheme members a condensed pension annual statement of no more than two pages.

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ABI and 32 member firms commit to diversity drive

Wealth managers, professional associations, regulators, investment and protection providers have signed up to the Business in the Community’s Race at Work Charter.

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Insurers and fund firms raise £100m for Covid-19 charities

The insurance and long-term savings sector has hit its target of raising £100m for charity through the Covid-19 Support Fund.

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RPI reform could cost pension savers £122bn, ABI warns

The Association of British Insurers has warned that Government proposals to reform the calculation of the Retail Prices Index (RPI) could cost pension savers £122bn if plans go ahead to implement the changes from 2025.

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