Embattled SIPP provider Berkeley Burke has hit out at the Financial Ombudsman Service's decision-making process, labelling it capricious and risky to businesses.
In a statement given exclusively to Professional Adviser, Berkeley Burke argued consumers would lose out on choice in the retirement market because of the unpredictable nature of Financial Ombudsman Service...
Lane Clark & Peacock partner Steve Webb has called on the treasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.
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Nearly £1m lost already
Break in contributions not ruled out
Five launched last year
Focus on rebuilding business not FSCS levy
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