Guest Blog: Why the latest FOS ruling isn’t a ‘game changer’ for SIPP providers

Guest Blog AJ Bell 150pxIn his first Guest Blog for Investment Sense Gareth James, Technical Resources Manager at AJ Bell, looks at the latest ruling from the Financial Ombudsman Service, which has divided the Self-Invested Pension industry. It was with a slight sense of trepidation that I took on Investment Sense’s invitation to consider whether the Financial Ombudsman Service’s decision to uphold a complaint in respect of a Sustainable AgroEnergy investment could be described as a game-changer for the SIPP industry. It is worth considering what the term game changer means. ...

SIPPs: Ombudsman finds against SIPP provider in landmark ruling

Financial Ombudsman ServiceThe Financial Ombudsman Service (FOS) has upheld a complaint made by an investor, in a ruling which could have wide ranging implications for other SIPP providers and investors. The FOS has ruled against Leicester based SIPP (Self-Invested Personal Pension) provider Berkeley Burke, following a complaint made by an investor into an unregulated biofuel investment scheme, Sustainable AgroEnergy, in 2011. Have you been mis-sold a SIPP investment?...