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.


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.


Life insurers pay £980k a day in claims at pandemic peak

Insurers paid £90m over 7,000 life insurance claims to the families of people who died due to the Coronavirus pandemic between 1st March and 31st May 2020.


Savers resist urge to raid pensions during lockdown

March and April saw big falls in the number of people enquiring about and accessing their pensions, according to data released today.

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