BERKELEY BURKE SIPP ADMINISTRATION LTD
Berkeley Burke SIPP Administration Ltd was authorised by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN) 483769. The firm entered administration on 18 September 2019.
It’s important to note that Berkeley Burke SIPP Administration Ltd is distinct from Berkeley Burke & Company Limited.
Many of the clients that the SIPP provider Berkeley Burke accepted, were offered the prospect of investing their pension funds by third party introducers that weren’t regulated.
What happened?
Clients were subject to cold calls that offered pension reviews for free, however these calls were made by sales people who weren’t regulated and were offering significant returns – more than what their current pension would deliver. They explained that by combining pensions, clients could save money as they would only be required to pay one set of management fees rather than multiple.
Introducers That Weren’t Regulated
Once a sales person who is not regulated arranges a pension transfer the client is left with no protection; only regulated financial advisors should be providing advice for pension transfers. Unfortunately, for most people this wouldn’t have been clear and this is where the due diligence of the SIPP provider should have taken effect.
Berkeley Burke is a SIPP provider that has recently been subject to great scrutiny after not taking proper care of their clients. Berkeley Burke SIPP Administration Ltd has failed and was placed into administration on 18 September 2019. As a result, FSCS is accepting claims against this firm.
Risky Investments
Many of the investments that the company offered to its clients were not only very risky, but also unregulated.
There has been a recent trend of retail clients being encouraged to put money into loan notes in companies like Highgrove Osprey/Dolphin Capital GMBH, shares, or bonds.
Next Steps
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
Company background (public record)
The company was incorporated at Companies House on 25 April 2008 under company number 06576938. Its status at Companies House is recorded as liquidation.
Registered office: Rivermead House 7 Lewis Court, Grove Park, Enderby, Leicestershire, LE19 1SD.
Nature of business (SIC): 65300.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 25 Apr 2008 | Company incorporated | Companies House |
| 25 Apr 2008 | Grahame James Fitzhardinge Berkeley appointed director | Companies House |
| 25 Apr 2008 | Anthony James Durant appointed director | Companies House |
| 25 Apr 2008 | Mark Antony Cox appointed secretary | Companies House |
| 25 Apr 2008 | Gareth Charles Roberts appointed director | Companies House |
| 25 Apr 2008 | David Kenneth Santaney appointed director | Companies House |
| 25 Apr 2008 | Kim Christine Steel appointed director | Companies House |
| 01 Sep 2016 | Zachary Luke Gallagher appointed director | Companies House |
| 28 Sep 2016 | Nicola Gotch approved by the FCA at the firm | FCA Register |
| 12 Oct 2016 | Zachary Luke Gallagher approved by the FCA at the firm | FCA Register |
| 27 Mar 2019 | Zachary Luke Gallagher resigned as director | Companies House |
| 27 Mar 2019 | Nicola Gotch resigned as director | Companies House |
| 27 Mar 2019 | Kim Christine Steel resigned as director | Companies House |
| 02 Apr 2019 | Mark Antony Cox resigned as secretary | Companies House |
| 18 Sep 2019 | Company entered administration (in administration) | Companies House |
| 18 Sep 2019 | FSCS update: To consider claims against a failed firm, FSCS must be satisfied that customers have first exhausted any right to claim … | FSCS |
| 21 Jan 2020 | FSCS update: FSCS has been working closely with the administrators and has received the due diligence files from Berkeley Burke | FSCS |
| 01 Apr 2020 | Declared in default by the FSCS | FSCS |
| 01 Apr 2020 | FSCS update: Our investigations have focussed on the levels of due diligence Berkeley Burke carried out before allowing customers to … | FSCS |
| 23 Jul 2020 | FSCS update: Claims made against Berkeley Burke that relate to the firm’s due diligence have now all been moved to our claims process… | FSCS |
| 03 Aug 2020 | Company administration ended (in administration) | Companies House |
| 03 Aug 2020 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 03 Aug 2020 | Insolvency practitioner appointed: Diana Frangou | Companies House |
| 03 Aug 2020 | Insolvency practitioner appointed: Adrian David Allen | Companies House |
| 06 Dec 2021 | Insolvency practitioner appointed: Tyrone Courtman | Companies House |
| 15 Jan 2024 | FCA status recorded as: No longer authorised | FCA Register |
| 08 Apr 2025 | Insolvency practitioner appointed: Deviesh R Raikundalia | Companies House |
| 08 Mar 2026 | Insolvency practitioner appointed: Gareth Harris | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 11 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Andrew James William Emery. Listed on the FCA Register as having held CF11 Money Laundering Reporting (04/08/2015 to 08/12/2019), CF10 Compliance Oversight (04/08/2015 to 08/12/2019), CF1 Director (04/08/2015 to 08/12/2019), SMF17 Money Laundering Reporting Officer (MLRO) (09/12/2019 to 15/01/2024) at the firm.
- Bradley Nicholas Kilbane. Listed on the FCA Register as having held CF11 Money Laundering Reporting (11/12/2012 to 28/02/2014), CF10 Compliance Oversight (11/12/2012 to 28/02/2014) at the firm.
- Kim Christine Steel. Listed on the FCA Register as having held CF1 Director (09/07/2008 to 08/10/2019) at the firm.
- Grahame James Fitzhardinge Berkeley. Listed on the FCA Register as having held CF1 Director (09/07/2008 to 08/10/2019) at the firm.
- Nicola Gotch. Listed on the FCA Register as having held CF1 Director (28/09/2016 to 08/10/2019) at the firm.
- Anthony James Durant. Listed on the FCA Register as having held CF11 Money Laundering Reporting (10/03/2014 to 04/08/2015), CF10 Compliance Oversight (10/03/2014 to 04/08/2015), CF3 Chief Executive (14/12/2011 to 08/10/2019), CF1 Director (09/07/2008 to 08/10/2019) at the firm.
- Zachary Luke Gallagher. Listed on the FCA Register as having held CF1 Director (12/10/2016 to 08/10/2019) at the firm.
- David Kenneth Santaney. Listed on the FCA Register as having held CF10 Compliance Oversight (09/01/2012 to 23/11/2012), CF1 Director (09/07/2008 to 23/11/2012) at the firm.
- Gareth Charles Cunnah Roberts. Listed on the FCA Register as having held CF1 Director (09/07/2008 to 01/07/2014) at the firm.
- Mark Antony Cox. Listed at Companies House as secretary (appointed 2008-04-25, resigned 2019-04-02).
Review page sources: FCA Register (FRN 483769) · Companies House (06576938) · FSCS. Public records, provided for transparency.
