Berkeley Burke director Gareth Roberts leaves

Carmen Reichman
clock •

Berkeley Burke director Gareth Roberts, who was in charge of implementing Retail Distribution Review (RDR) rules in the firm's wealth management division, has left the firm.

Roberts, who joined Berkeley Burke in 2004 and was appointed director in 2005, sat on the boards of the Berkeley Burke regulated group of companies. Berkeley Burke said it did not want to discuss Roberts' exit. His departure comes at a difficult time for the company. Its self invested personal pension (SIPP) arm, Berkeley Burke SIPP Administration, was last month found liable by the Financial Ombudsman Service (FOS) for the loss of a man's pension assets transferred into high risk investments. The FOS ruled that in the case of Mr A - who invested his entire pension fund of £29,0...

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 Your profession

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

For Carney’s Community

Professional Adviser
clock 02 October 2026 • 1 min read
'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

The Lang Cat research

Jen Frost
clock 01 October 2026 • 3 min read
Succession Alliance launches first profession-wide succession survey

Succession Alliance launches first profession-wide succession survey

Open to people in all roles working in financial planning firms

Sophia Panayi
clock 29 September 2026 • 1 min read