ABI

Displaying items by tag: ABI

Thursday, 16 February 2017 14:52

ABI urges govt rethink on MPAA proposals

The Association of British Insurers has urged the government to put on hold its plans to curtail tax relief for pension freedom users.

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Friday, 18 November 2016 13:07

New pensions language guide aims to stamp out confusion

The Association of British Insurers has published a guide aimed at stopping the use of “perplexing” language around pensions in the wake of the pension freedoms.

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Tuesday, 07 June 2016 15:37

ABI chooses Aviva’s Andy Briggs as next chairman

Andy Briggs, CEO of Aviva UK Life, is to take over as chairman of the life and pensions providers' association the ABI in October.

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Tuesday, 29 March 2016 10:40

Annuity sales pick up after pension freedoms - ABI

The ABI says that sales of annuities have risen in recent months, according to its latest pension report published one year after the Pension Freedoms.

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Tuesday, 03 November 2015 10:36

Pension freedoms result in £4.7bn paid out in first 6 months

he ABI’s director for Long Terms Savings Policy, Dr Yvonne Braun

ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.

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Monday, 05 October 2015 09:08

4 in 5 cash lump sums paid to under 65s

Yvonne Braun, director of Long-Term Savings Policy at the ABI

The Association of British Insurers has revealed that around 80% of cash lump sum withdrawals were made by people who had not reached 65 years of age.

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Wednesday, 15 July 2015 12:23

Pension reforms: Payments worth £1.8billion withdrawn

Savers took out £800m worth in payments from income drawdown policies in 170,000 withdrawals in the first two months after the pension reforms kicked in.

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Thursday, 11 September 2014 12:20

Smaller pension pot customers take cash lump sum

The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.

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Thursday, 14 November 2013 09:07