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The Financial Ombudsman Service (FOS) originally ruled in July on a ‘game changing’ case against Berkeley Burke SIPP Administration. This week the FOS has removed the decision from its website ahead of reviewing its decision. The Case In 2011 ‘Mr A’ invested his entire pension fund of £29,000 into a biofuel Unregulated Collective Investment Scheme (UCIS) in South East Asia, Sustainable AgroEnergy. Sustainable Agro Energy is currently being investigated by the Serious Fraud Office (SFO) for conspiracy to commit fraud. He had invested through an unregulated adviser via an introducer agreement with Berkeley Burke. The FOS argued that Berkeley Burke,… continue reading