Adviser takes Berkeley Burke to FOS over storage pod investments

Harris Independent Financial Advice adviser Matthew Harris said he wanted FOS to acknowledge Berkeley Burke had a role to play in allowing his clients to transfer their entire savings into the illiquid investments, which have since become "worthless". The ombudsman had already ruled against Berkeley Burke in a similar case in 2014 - then hailed as a game-changer by regulatory lawyers - but it had reopened the file after the SIPP operator called for a judicial review of the decision. Harris' clients, a husband and wife pair, invested £40,000 each in storage pods developed by Store Firs...