Berkeley Burke hits back: Administration was 'thrust upon the company'
'No viable alternative'
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...
More on Pensions
Pensions Ombudsman to restart Carey Pensions claim investigations
Had previously put on hold
'Profoundly important': Experts discuss Court of Appeal Carey Pensions ruling
In favour of Russell Adams
DB transfer complaints to ombudsman jump 44% in 2020
Jump from 554 in 2019
Pension scam red flags hit record level - XPS
But steady transfer values
Untouched DC pension wealth 'doubles' raising concerns about lost pots
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.
More news
M&G Wealth hires recruitment and acquisition director
Looking to triple size of advice business
Mattioli Woods buys Pole Arnold Financial Management for initial £4m
Latest acquisition expands presence in Leicester and London
Columbia Threadneedle acquires BMO EMEA asset management business
Ameriprise Financial strikes £615m deal
Administrator to top adviser: Ann-Marie Atkins' journey up the ladder
Challenging embedded thinking
Nominations open for Women in Financial Advice Awards 2021
Nominate yourself, a peer or colleague
