ABI says insurers 'can deliver' Osborne's pension advice promise

Jenna Towler
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The insurance industry is capable of cost effectively delivering the Chancellor's ‘retirement advice for all' pledge, but passing the "impartially test" would be challenging, Otto Thoresen has told MPs.

Speaking at a Treasury Select Committee hearing on Tuesday, the Association of British Insurers (ABI) director general said impartiality was "critical". He told members: "I am very alive to this...

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