Slow global economic growth poses the greatest threat to the viability of the insurance industry over the next five years as firms struggle to grow revenues, a poll has revealed.
Ministers have struck a deal with the insurance industry that will keep flood insurance premiums affordable for households in high-risk areas, Chief Secretary to the Treasury Danny Alexander announced today.
Pension Protection Fund payments are to take account of an individuals length of service, paying an extra 3% for every year of service over 20 years, pensions minister Steve Webb has announced yesterday.
People about to retire are getting insufficient support from employers in choosing their annuity, the National Association of Pension Funds has warned.