Berkeley Burke wins leave to take FOS SIPP case to Court of Appeal

Lord Justice Hickinbottom in the Court of Appeal, Civil Division, granted the appeal, which will be held at the Court of Appeal sometime in autumn 2019. The appeal is in respect of last year's High Court decision that rejected the self-invested personal pension (SIPP) provider's claim against a Financial Ombudsman Service (FOS) decision.  In the original decision, the ombudsman ruled the SIPP administrator had to compensate a client after it failed to carry out appropriate due diligence on their investment. Berkeley Burke, which facilitated the investment, argued it carried out the...