ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years. Read more...

Plans for a new industry code on vulnerable customers at renewal and to publish industry data on how many claims are accepted for motor, property and travel products, will be announced by ABI chairman and AXA UK CEO Paul Evans today.

Sipp provider Suffolk Life has reported a significant increase in the number of capped drawdown applications in the lead up to 6 April when the opportunity to set up new plans disappears.

AXA Wealth has moved into profit with total funds under management growing in 2014 by 11 % to £28.2 billion and funds managed on AXA Wealth's Elevate platform up 24 per cent to £9.2 billion. Read more...