There has been a 55% increase in drawdown sales since the Chancellor announced the liberalisation of the retirement process in March, according to the Association of British Insurers (ABI).
The pensions minister has revealed that the Department for Work and Pensions (DWP) predicts people's pension incomes will in the future be consistent with present earnings.
The Institutional Investor Committee (IIC) - a group of trade associations that represent institutional investors - is to be disbanded following the merger between the Investment Management Association and the Association of British Insurer's investment...
Legal & General (L&G), the country's biggest pension fund manager, has confirmed the end of its Association of British Insurers (ABI) membership.
Almost three quarters of respondents to a Professional Pensions poll said the industry was not doing enough to ensure members of legacy defined contribution (DC) schemes got value for money.
The Association of British Insurers' (ABI) review of legacy workplace pension schemes is "conflicted and ineffective", according to campaign group ShareAction.
Newton Investment Management chief executive officer Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association (IMA)....
The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.
Steve Webb would be "nervous" about providers playing a part in the Chancellor's guidance at retirement pledge.
The insurance industry is capable of cost effectively delivering the Chancellor's ‘retirement advice for all' pledge, but passing the "impartially test" would be challenging, Otto Thoresen has told MPs.