Another SIPP provider suspends overseas property investments

Laura Miller
clock

Berkeley Burke SIPP Administration has revealed that it has stopped accepting overseas property into its self-invested personal pension (SIPP).

Berkeley Burke said a management decision was taken not to allow overseas property into its SIPP in December of last year. The move became effective on 12 January. Explaining the decision, Brad Kilbane, head of risk and compliance at the provider, said: "The management team considered the risks involved with this type of investment were higher than our appetite would allow in the current environment." The firm joins SIPP provider Dentons in suspending investment in overseas property. Martin Tilley, director of technical services, Dentons, said the provider has not accepted off-plan...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pension transfers being 'unnecessarily' delayed due to scam warnings

Pension transfers being 'unnecessarily' delayed due to scam warnings

PensionBee argues there is ‘no clear correlation’ between the number of scam flags and the number of scams

Martin Richmond
clock 11 September 2025 • 3 min read
What is Reform UK's stance on pensions?

What is Reform UK's stance on pensions?

Reform UK recently held its 2025 conference at the NEC in Birmingham

Professional Adviser
clock 09 September 2025 • 5 min read
Could dashboards be the answer to Millennial pension apathy?

Could dashboards be the answer to Millennial pension apathy?

The dashboard rollout could be an inflection point

Paul Muir
clock 08 September 2025 • 4 min read