ABI reveals £8.2bn withdrawn from pension pots since freedoms

New figures from the ABI, which is holding its annual conference today, reveal that £131 million is now being paid every day paid to customers by UK insurers and long-term savings providers.


50m to be hit by Insurance Premium Tax rise from tomorrow

Insurance Premium Tax will rise to 10% from tomorrow (1 October) - an increase that will affect more than 50m households, says the ABI which has branded the hike a “raid on the responsible.”


Old Mutual Wealth rejoins ABI

Old Mutual Wealth has confirmed it will returning to membership of the Association of British Insurers (ABI).


ABI selects Aviva’s Andy Briggs as next chairman

Andy Briggs, the CEO of Aviva UK Life, is to take over as chairman of the Association of British Insurers board in October.

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