ABI
Retirement | 18 Apr 16
Jargon busters taking on UK pensions
Terms such as ‘uncrystallised pension funds lump sum’ and ‘flexi-access drawdown’ could be phased out if a new guide to make pensions language simple, clear, and consistent is adopted.
Aegon sells two-thirds of UK annuity book
Dutch-headquartered life group Aegon is selling two-thirds of its UK annuity book to insurer Rothesay Life.
Retirement | 30 Mar 16
Almost £6bn withdrawn after UK pension reform, reports ABI
Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).
Retirement | 3 Nov 15
Billions withdrawn under UK pension freedoms, but common sense prevails
More than half of the funds being invested under the new pension freedoms have been invested in income drawdown products, with the remainder buying annuities, reports the Association of British Insurers (ABI).
United Kingdom | 15 Sep 15
Aegon to exit the Association of British Insurers
Aegon is to leave the Association of British Insurers (ABI) at the end of the year.