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berkeley burke lose sipp case - fca warn sipp operators -

Berkeley Burke Loses Legal Case

A judge has today - 30th October 2018 - ruled against SIPP operator Berkeley Burke because of an unregulated asset they allowed to be taken into their SIPP

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FCA Warn SIPP Operators

The head of the Financial Conduct Authority, Andrew Bailey, has written to SIPP operators today - 30th October 2018 - with a warniong to check whethre they can meet compensation claims for failures of due diligence.

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Berkeley Burke v FOS Latest

Berkeley Burke "failed in it's due diligence" According to the lawyer representing the Financial Ombudsman Service at the current legal case (12/10/2018). In detail he said that " The FOS’ point is it is not fair and reasonable to invest money without doing enough due diligence and establishing the title of the asset that you are accepting’. (Citywire 12/10/18)

Find out more - Berkeley Burke Claims

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A story in Citywire today (14/08/2018) says that SIPP claim lawyers Anthony Philip James & Co charge 30% + VAT of any compensation won - ie. 36% in total. We charge 20% inclusive of VAT. We will notbe beaten on fees - * if you see a UK regulated pensions claims management service advertising a lowere fee than ourselves - we will beat it!

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Sipp Claims news

"Storage Pod" Schemes

The Daily Record has interviewed Assist.Claims Partner Ken Hanning about Storage Pod Schemes

Read The storage pod article here

Claims Against Lifetime SIPP Company Growing

Money Marketing reports today (27/07/2018) that the FSCS has received over 200 claims agains this SIPP provider

Lifetime sipp company claims - click here

Stadia Trustees SIPP Claims May Reach £40m

If you were invested via a Stadia trustees SIPP, get the latest update here

Stadia SIPP Claims

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Get our latest views about the pensions industry, advice and regulation here. Read our commentary on the latest news - discover if you agree with us!

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News

Carey Pensions Put Up For Sale

CityWire reports today that carey Pensions has put itself up for sale following a second year of losses. Judgement is also still awaited in the recent legal case involving Carey Pensions, and Carey Pensions has placed some clients' SIPPs into a "distressed" assets book.


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FSCS May Pay Claims Against Failed SIPP Firms

 

 

 Important announcement by the FSCS - it will now consider claims against collapsed SIPP companies where an eligible client can show evidence of a failure of due diligence by the SIPP provider. This could be critical for investors within unregulated underlying assets.
 

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