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

This autumn

Hannah Godfrey
clock • 1 min read

Embattled SIPP administrator Berkeley Burke has been granted permission to appeal the judgement delivered against it in October last year.

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...

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 Retirement

Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read
Why we plan holidays, not retirements: Changing the client conversation

Why we plan holidays, not retirements: Changing the client conversation

'This is scary for us as an industry but even more scary for us as a nation'

Verona Kenny
clock 04 June 2025 • 4 min read
Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Majority of pre-retirees expect to live with someone else in retirement

Martin Richmond
clock 03 June 2025 • 8 min read