Heat inactivation of FBS is practiced in many cell culture laboratories worldwide. It has become more of a tradition than a scientific principle, many young researchers cannot categorically say why they inactivate serum. They simply do it based on passed over protocol or knowledge.
Culled from gembio.com " At one time, a chief concern was heat-labile immune complement. However, Triglia and Linscott (Journal of Mol. Immunol., vol. 17, pp 741-748, 1980) found that fetal bovine serum in fact contained very low levels of complement. Even in undiluted serum, they found no evidence of hemolysis from complement activity. Moreover, any residual complement was destroyed by thawing fetal bovine serum at 37ºC prior to use (a common step)"
Please share with us why you think this step is necessary or otherwise.