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Author profile

John Bakie

Articles by John Bakie

Regulation

AIFA demands FSA review on Keydata compensation

The FSA should immediately review its authorisation procedures following news IFAs will need to pick up the tab for Keydata compensation, according to AIFA.

clock 15 December 2009 •

Income

Enhanced annuity sales drop 7%

Enhanced annuity sales fell 7% in the third quarter of 2009, in line with industry expectations.

clock 15 December 2009 •

Investment

Employer contributions not subject to anti-forestalling

Employer pension contributions will not be taxed under anti-forestalling measures, HMRC has confirmed.

clock 11 December 2009 •

Income

'Irrational' 82% tax hitting ASP popularity

Less than 3,000 people have taken out an alternatively secured pension (ASP), according to AJ Bell.

clock 11 December 2009 •

Economics / Markets

Recovery 'on track' for OECD countries

World economies including the UK are likely to continue to recover and grow, according to the Organisation for Economic Co-operation and Development (OECD).

clock 11 December 2009 •

Your profession

Pensioner gang charged with torturing financial adviser

A group of pensioners who tortured their financial adviser after the value of their investments fell following the financial crisis have been charged.

clock 11 December 2009 •

Investment

Pensions Regulator warns on forcing employees into DC schemes

Some employers are using ‘worrying' tactics to convince their employees to leave final salary pension schemes, according to The Pensions Regulator (TPR).

clock 10 December 2009 •

uncategorised

IFG promises to make James Hay work for IFAs

IFG group says it will breathe new life into James Hay and make it work for the IFA community.

clock 10 December 2009 •

Economics / Markets

Interest rates kept at 0.5%

The Bank of England's Monetary Policy Committee (MPC) has held interest rates at 0.5% for the ninth consecutive month.

clock 10 December 2009 •

Income

IFA condemns annuity providers for TCF failings

An IFA has accused annuity providers of failing to treat customers fairly if they continue to offer the products at well below leading rates.

clock 10 December 2009 •
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