Berkeley Burke v FOS decision due 'in next few weeks'

Carey Pension case could affect ruling

Hannah Godfrey
clock • 2 min read

The concluding judgement in the ongoing Berkeley Burke versus the Financial Ombudsman Service (FOS) case is set to be given in the "next few weeks", the hearing's judge said on Friday morning.

Speaking on the third and final day of a judicial review hearing held in London this week, Justice Jacobs said he would come to a decision on the case within the next few weeks.    He also suggested the outcome of a looming judgement on another self-invested personal pension (SIPP) case could prove material to the case discussed this week. The judge noted the judgement on the Adams v Carey Pensions case, which was heard in the High Court earlier this year, is due in days, and legal representatives could submit further evidence to him if they believed the outcome of the case could mate...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Advisers concerned about regulatory scrutiny in decumulation phase

Advisers concerned about regulatory scrutiny in decumulation phase

Retirement planning ‘dominates’ client advice requests

Isabel Baxter
clock 27 November 2024 • 3 min read
Advisers call for new products to tackle retirement planning challenges

Advisers call for new products to tackle retirement planning challenges

Retirement products ‘don’t meet modern needs’

Isabel Baxter
clock 25 November 2024 • 3 min read
How advisers can play a role in boosting wellbeing in retirement

How advisers can play a role in boosting wellbeing in retirement

A happy retirement is the 'north star'

Cecilia Furner
clock 08 November 2024 • 3 min read