Since the Lifetime SIPP has entered administration some of our clients have sent in correspondence issued by Hartley Pensions – the new firm taking over the administration of the SIPP.
The judicial review hearing in Berkeley Burke’s long standing battle against the Financial Ombudsman Service is finally due to be heard in October 2018!
It was a surprise to find out that Harlequin has emailed investors because H Hotel has entered bankruptcy. The company has been silent since the company was ordered not to write to its clients any more.
What a nightmare for the investors and their families.
I am concerned that valid claims could be rejected after Heritage Pensions wrote to clients explaining that the Financial Services Compensation Scheme has stated that they do not need a representative such as a solicitor or a claims management firm.
The case against Carey Pension, currently going through the courts, could have huge effects on the SIPP market and lead to providers winding up their operations.