Displaying items by tag: ABI

The Pensions and Lifetime Savings Association (PLSA) and the Association of British Insurers (ABI) have called on Government to boost UK growth through greater pension investment in four key areas.

New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.

Sales of annuities surged more than a fifth during the first three months of the year to reach their highest level for eight years.

The total value of ‘lost’ pension pots has jumped by over £7bn to nearly £27bn in four years, according to a new report.

The Association for British Insurers (ABI) has called for a gradual increase to the minimum contribution rates under auto enrolment from 8% to 12%.

The number of pension withdrawals in August and September increase dramatically, according to new data.

Nearly three-quarters (72%) of people surveyed say they would not pay for financial advice, according to new research.

Wealth managers, professional associations, regulators, investment and protection providers have signed up to the Business in the Community’s Race at Work Charter.

The Pensions and Lifetime Savings Association - the trade body that represents 1,300 pension schemes with 20m members - has joined the chorus of concern about the Government’s potential axing of the Retail Prices Index (RPI), the measure used to decide many annual pension increases.