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Displaying items by tag: Berkeley Burke

Pensions administrations business is behind a growth in recurring revenues at the STM Group and a slight increase in underlying revenue for the first half of 2020, however profits for the group have fallen.

Published in Articles
Friday, 14 August 2020 08:00

STM acquires Berkeley Burke SSAS business

STM Group has acquired Berkeley Burke (Financial Services) and Berkeley Burke Employee Benefit Consultants, which provide administration and consultancy services to SSAS and international businesses, in a deal worth up to £2.9m.

Published in Articles
Thursday, 02 April 2020 14:04

FSCS opens door to Berkeley Burke claims

The FSCS yesterday (1 April) declared Berkeley Burke SIPP Administration Ltd a failed firm and opened the door to claims that could eventually top £150m.

Published in Articles
Thursday, 21 November 2019 12:12

FSCS receives 733 claims against Berkeley Burke

The Financial Services Compensation Scheme (FSCS) has received 733 claims against Berkeley Burke Sipp Administration Limited (BBSAL).
Published in Articles

The UK’s Self Invested Personal Pensions (SIPP) industry has recently been shaken by the outcome of the Berkeley Burke case in relation to SIPP investments.

Published in Comment and Blogs
Thursday, 19 September 2019 09:59

FSCS opens door to claims against Berkeley Burke

The Financial Services Compensation Scheme (FSCS) is now open to claims against Berkeley Burke SIPP Administration Limited (BBSAL).

Published in Articles
SIPP provider Berkeley Burke has been ordered to pay almost £1m in costs to people left out of pocket after making high-risk unregulated investments which were accepted into the firm’s SIPPs. 
Published in Articles
Thursday, 01 November 2018 11:18

AMPS says Berkeley Burke ruling is 'no game changer'

AMPS has urged its members to absorb lessons from the recent Berkeley Burke SIPP judicial review but says the case is “no game changer” for the majority of firms.
Published in Articles
The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.
Published in Articles

A ruling against a Sipp operator which sparked fears of a precedent being set and a rise in claims will be reviewed by The Financial Ombudsman Service.

Published in Articles
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