The High Court has rejected self-invested personal pension (SIPP) administrator Berkeley Burke's claim against a Financial Ombudsman Service (FOS) decision.
Berkeley Burke was fighting a 2014 ombudsman decision in which the FOS ruled the SIPP administrator had to compensate a client after it failed to carry out appropriate due diligence on his investment....
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An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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