The Association of British Insurers (ABI) has welcomed many of the changes revealed in today's budget, despite the fact they will have little direct impact on the insurance industry.
Life insurance policies and annuity contracts will come under increased scrutiny from HM Revenue & Customs (HMRC) as it cracks down on income tax avoidance.
The Government is set to curb welfare bills by £10bn over the next four years.
Budget 2012 statement by the Chancellor of the Exchequer, the Rt Hon George Osborne MP
The chairman of the All-Parliamentary Group on Insurance and Financial Services, Jonathan Evans MP, has been confirmed for the insurance strand as Incisive Media's brands collaborate to bring analysis of George Osborne's Budget Statement.
Incisive Media's impressive range of brands serving the financial services sector will be collaborating to bring the very best analysis of George Osborne's Budget Statement at 3pm.