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ABI survey shows faith in pensions and savings edging up

The ABI is claiming that confidence in saving is creeping up following the release of the latest results of its pensions and savings index.

The survey of 2,479 people in January shows a “small but significant” change in attitudes and confidence levels, with trust in the Government&#39s pension policies rising slightly to 17 per cent from 15 per cent in the initial survey which was carried out in October last year.

The number of people confident that they will have enough money to retire on rose from 35 per cent to 38 per cent and if they had spare cash, 32 per cent of people say they would save it, a rise from 26 per cent on the previous survey for the index.

Informed Choice managing director Nick Bamford says: “Being 2 per cent up on the number of people confident in the Government&#39s pension policies is good news but, equally, if I was in Government, the response from those with no confidence was, I would say, a fantastic vote against me.”

ABI head of pensions and savings Joanne Segars says: “This is encouraging ground for the forthcoming Pensions Bill to build on. The Government must ensure that the measures in the bill provide a further boost to public trust, confidence and und-erstanding in all types of pensions.”


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Aberdeen Asset Management&#39s Adrian Fowler is to take over as director of European equities for Isis Asset Management. Fowler, who headed pan-European equities at Aberdeen as well as managing its European growth fund until April last year, will manage portfolios for institutional clients at Isis. He is is an economics graduate who began his career […]

Commentary: Realistic world

One of the issues emerging from Standard Life&#39s recent announcement has been speculation about the impact that it will have on other companies and on the market generally. The reaction of IFAs will undoubtedly be a key factor in determining the first of these issues but how will consumer confidence in the long-term savings industry […]

Ros Altmann

Dr Ros Altmann has a unique position in the UK pension arena. No other figure both works for the Government while simultaneously whipping up such political momentum against it. An independent consultant to 10 Downing Street and an adviser to the Myners review, Altmann&#39s high-profile campaigning on behalf of final-salary scheme members has been a […]

Abbey offers IFAs a hand through regulatory maze

Abbey for Intermediaries is sending out independent guides to help IFAs through the regulation maze. Eighteen thousand intermediaries will receive the free guide, which is described as a “clear and straightforward outline” of how and when regulatory changes take place. It also covers the choices available to intermediaries and their likely affect on their businesses, […]


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