ABI

The Pensions Advisory Service (TPAS) received twice the normal number of calls following Chancellor George Osborne's delivery of the Budget 2014.

Ensuring all pension savers speak to their independent financial adviser (IFA) or a provider about retirement options is among promises the Association of British Insurers (ABI) will present to the Financial Conduct Authority (FCA) on behalf of the pensions...

Insurers say they are struggling to set up independent governance committees (IGCs) for their contract-based schemes and hire suitable candidates due to a limited timeframe.

A growing proportion of the industry wants the Department for Work and Pensions (DWP) to revisit its decision to pursue pot follows member to aggregate small pots.

Opposition members attacked the government's pot follows member proposals in a House of Lords debate last week.

Rachel Dalton examines Steve Webb’s plan to make annuities more consumer-friendly

Maggie Craig will join the Financial Conduct Authority (FCA) as an adviser across a range of policy matters, including pensions, from 27 January, a spokesman has confirmed.

Labour pensions spokesman Gregg McClymont has denounced pensions minister Steve Webb's suggestion of switchable annuities as a "non-starter".

Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.

The Financial Services Consumer Panel (FSCP) has urged the Financial Conduct Authority (FCA) to create requirements for employers and trustees of workplace schemes to provide annuity services for members.