Berkeley Burke has said the decision to place its SIPP arm into administration was "thrust upon the company" following the sudden costs ruling made in August.
Last week, on 18 September, the self-invested personal pension (SIPP) arm of Berkeley Burke fell into administration and was immediately sold to another provider in the form of Hartley SIPP. A notice...
But steady transfer values
Defined contribution (DC) pension wealth in the UK has more than doubled since the start of auto-enrolment in 2012, raising concerns about lost pensions.
'This sleepy corner on the occupational pension world is ripe for a service upgrade'
Entered administration in February
Part of its Transfer Watch tracker
From the horse's mouth
Spike during first lockdown