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ABI

ABI: Pension freedoms see savers withdraw £1.8bn in two months

Retirement | 15 Jul 15

ABI: Pension freedoms see savers withdraw £1.8bn in two months

British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.

QROPS interest grows following UK pension ‘frustrations’

Retirement | 23 Jun 15

QROPS interest grows following UK pension ‘frustrations’

Advisers have reported a growing interest in QROPS as expats grow increasingly “disappointed and frustrated” with the inability of UK providers to accommodate April’s pension freedoms.

Industry figures assess ABI plan to cull pension advice safeguards

Retirement | 22 Jun 15

Industry figures assess ABI plan to cull pension advice safeguards

Senior industry figures have agreed that the regulatory and legal requirements around the new pension freedoms pose a problem for policyholders, but are split on the ABI urging the UK Government to scrap paid advice for those with guaranteed annuity rates.

ABI urges UK Gov’t to scrap pension advice safeguards

Retirement | 22 Jun 15

ABI urges UK Gov’t to scrap pension advice safeguards

The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.

ABI calls on FCA for advice re-evaluation

Tax & Regulation | 3 Jun 15

ABI calls on FCA for advice re-evaluation

Huw Evans, director general at the Association of British Insurers (ABI), has called on the UK’s Financial Conduct Authority to re-assess the difference between advice and guidance in order to support a wider range of UK consumers.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.