Berkeley Burke chides SIPP rivals after appeal for donations falls short

Missed funding target by £240,000

Hannah Godfrey
clock • 2 min read

An email written by Berkeley Burke director Zachary Gallagher has revealed the "woeful" sum raised from the industry for the firm's court appeal.

The email, which was leaked to Professional Adviser, revealed £60,000 was received for Berkeley Burke SIPP Administration's appeal, well short of the £300,000 funding target. The £60,000 came from seven self-invested personal pension (SIPP) operators and one private individual. A loan of £45,000 was also offered from another private person. PA understands the email was sent to a variety of SIPP administrators. In the email, Gallagher - who is also a former chairman of the Associated of Member-Directed Pension Schemes, the SIPP industry trade body - appeared to reprimand the industry f...

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