The Association of British Insurers has warned that five years on from the Pension Freedoms ‘revolution’ many pension savers are taking too much money out of their pension pot and face running out of cash.

Ben Wilson has been appointed director of advocacy at the Association of British Insurers (ABI).

Experts have backed the agreement of a Brexit deal between the UK and EU.

Senior industry executive Amanda Blanc is to stand down from her roles as CEO EMEA of Zurich Insurance Group and as chair of the ABI after nine months in both roles.