ABI

The Association of British Insurers has proposed three new measures to become part of its planned code of conduct for insurers selling annuities.

Employers should be given a "safe harbour" to allow them to talk more freely to scheme members about value for money in defined contribution schemes, Parliament has heard.

The government's delay to the auto-enrolment timetable has been met with dismay from the pensions industry and trade unions.

The Association of British Insurers and National Association of Pension Funds have published updated guidance for trustees considering buy-ins or buyouts.

Insurers are split over how the industry should tackle the issue of "unfair" active member discounts, PP can reveal.

Employers forced to cut pay rises to pay for pension plans; Companies warned not to dismiss pay revolts; Axa asks staff to give up index-linked pensions; Pensions worry QE2 will raise liabilities; High price for overstating inflation

Better pensions promised as ABI changes annuity rules; Action needed now to end scandal of pensioners who lose £3.3bn a year; Pension laws wipe out red tape savings; Not in the best of health? You could triple your income in retirement

Helen Morrissey assesses the ABI’s proposals

UK - Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.

Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.