FSCS receives 733 Berkeley Burke SIPP Administration claims

Paid out £54m in related compensation

Hannah Godfrey
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BBSA could face claims liabilities of £158m, according to its administrators.
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BBSA could face claims liabilities of £158m, according to its administrators.

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...

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