The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.

Clients of Beaufort Asset Clearing Services are set to get money and assets returned to them after a High Court ruling.

The FCA has imposed sweeping restrictions on Beaufort Securities Limited (BSL) and Beaufort Asset Clearing Services Limited (BACSL) and is working with the US Department of Justice to investigate the firms.

We are coming up to 12 years since the introduction of pension simplification and although it seemed at the time not to solve or simplify much I would go back to that day in a heartbeat.