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Author profile

John Bakie

Articles by John Bakie

Investment

IFAs 'most trusted' for retirement advice

Financial advisers are the most trusted source of retirement advice, according to Defaqto, just beating friends and family for the third year running.

clock 18 December 2009 •

uncategorised

'Unnecessary' SIPP rules frustrating for advisers

Three quarters of advisers are frustrated by ‘unnecessary' restrictions on SIPPs, according to provider Curtis Banks.

clock 18 December 2009 •

Mortgages

Mortgage lending tumbles 14% as winter approaches

Gross mortgage lending fell 14% last month, though the Council of Mortgage Lenders (CML) says this is in line with expectations.

clock 18 December 2009 •

Investment

Advisers ditching personal pensions for more flexible options

IFAs are losing interest in retirement savings products as more flexible alternatives become increasingly important, according to Defaqto.

clock 17 December 2009 •

uncategorised

RDR: GPP consultancy charging 'fraught with problems'

The FSA's proposal to ban commission for group personal pensions (GPP) sales is ‘fraught with problems', according to Standard Life's John Lawson.

clock 16 December 2009 •

uncategorised

RDR: GPP commission ban to cost IFAs up to £420,000

The cost of a ban on commission in the group personal pension (GPP) market could be as high as £420,000 for the largest adviser firms.

clock 16 December 2009 •

RDR

RDR: FSA to ban commission for all GPP sales

Advice on group personal pensions (GPPs) should be paid for on a fee basis, even if employees receive no individual advice, the FSA says.

clock 16 December 2009 •

Investment

Pensioner wins payout over Standard Life sterling fund

A pensioner who lost out when Standard Life's Pension Sterling fund plummeted in value has successfully taken the firm to court.

clock 16 December 2009 •

Investment

Martin Palmer: A time for resolutions

As we near the end of the year and start to reflect on the past twelve months whilst looking forward to the next with a renewed sense of vigour and positivity, my over-riding hope for 2010 is that we finally see some better solutions in the pensions arena....

clock 16 December 2009 •

Income

OMO pensioners 50 times more likely to get enhanced annuity

Pensioners who take the open market option (OMO) are around 50 times as likely to benefit from an enhanced annuity as those sticking with their pension provider, ABI figures have revealed.

clock 16 December 2009 •
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