Standard Life MD to chair ABI committee

The Association of British Insurers has appointed Standard Life managing director of adviser and workplace Barry O’Dwyer as chairman of the long-term savings and life insurance committee.

He has served on the committee for over five years with two different firms and will join the ABI board in the capacity of the new role.

The position rotates every couple of years, with Mr O’Dwyer taking over from David Nish, Standard Life’s chief executive.

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Huw Evans, the ABI’s director of policy and deputy director general, said: “At a crucial time for the long-term savings and pensions industry, the ABI has a vital role to play in engaging proactively and helping shape the outcome of the big public policy challenges and opportunities, such as pension reform.”

Mr O’Dwyer, added: “Delivering the exciting pension reforms introduced in the Budget will be a clear focus, along with encouraging a broader savings culture in the UK.”