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...
Had previously put on hold
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Jump from 554 in 2019
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.
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