Tag Archive: ABI
ABI Code to help retirees buy the best annuity
People nearing retirement will be able to benefit from clearer information on getting the best pension deal thanks to a new initiative launched by the Association of British Insurers (ABI). Every year 400,000 people buy an annuity, and the ABI … Read more
Pension providers agree disclosure on charges
Some of the UK’s leading pension providers have signed an agreement developed by the Association of British Insurers (ABI) promising “consistent and straightforward” disclosure of pension charges and costs to employees in workplace pension schemes. The agreement will be implemented … Read more
ABI sees amber over Lloyds’ remuneration report
The Association of British Insurers (ABI) has concerns about remuneration practices at the part-nationalised Lloyds Banking Group. As the representative body of some of the bank’s leading shareholders, the ABI has issued an “amber alert” on a remuneration report that … Read more
Bank loan target considered a red herring
The day after Chancellor Alistair Darling delivered the final Budget before the election, TMA (UK) has warned that nothing he said will address the liquidity problems facing Britain’s struggling businesses. Director Tyrone Courtman has described the £94bn target for new … Read more
IEA slams Darling for ducking tough decisions
Free market thinktank the Institute of Economic Affairs (IEA) has attacked Chancellor Darling’s Pre-Budget Report (PBR) for ducking the tough decisions necessary to reduce the nation’s deficit. Director General of the IEA Mark Littlewood described the tax on bankers’ bonuses … Read more
ABI survey: most people lose confidence in saving
The Association of British Insurers (ABI) has published research which reveals a worrying picture of public opinion towards saving. The Savings and Protection survey, conducted by YouGov, showed that almost three-quarters (73%) of Britons think that the benefits of saving … Read more