The Association of British Insurers has warned that implementing the FCA’s platform switching changes by July will be “challenging.”

The Association of British Insurers has released a five point plan aimed at ‘engaging’ consumers with their retirement options far earlier in life than currently.

The Association of British Insurers (ABI) is urging firms to create a “vulnerability policy” by January for clients who may be at risk of poor financial outcomes due to age or other factors such as low literacy skills.