FSCS receives 733 Berkeley Burke SIPP Administration claims
Paid out £54m in related compensation
The Financial Services Compensation Scheme (FSCS) has received more than 700 claims against Berkeley Burke SIPP Administration (BBSA), Professional Adviser has learned.
The lifeboat fund told PA it was in the early stages of its investigations of the firm and could not say how much it expects to pay in compensation. However, the firm's administrators RSM Restructuring...
More on Regulation
Neil MacGillivray: Solving a lifetime allowance issue
It’s instinctive that clients want to avoid tax charges, and it’s no different when it comes to the lifetime allowance, but kneejerk reactions could result in more negative outcomes for the client. In this article Neil MacGillivray explains how advisers...
Three things your clients may call you about this week ...
'£8,000 annuity trap'
Automatic red flags to give trustees greater power to halt pension transfers
Pension transfers will be red-flagged and blocked if savers have been approached via social media under stronger anti-scam plans set out by the government on Friday.
Automatic red flags to give trustees greater power to halt pension transfers
Four-week consultation
FSCS cuts £1bn levy demand to £833m
Still £133m higher than last year
More news
Lumin Wealth sells majority stake to Swiss VZ group
Five-year plan
Industry Voice: It's time to get excited about UK dividend growth
RLAM's Senior Fund Manager, Richard Marwood outlines the background to how investors fell ‘out of love’ with the UK market but points to positive signs of a recovery.
Meet the ESG Investment Influencers: Louie French of Tilney Smith & Williamson
Fund selector insights into sustainable investing
DWP consults on simpler benefit statements for DC pension savers
Increase understanding
