Carey Pensions to face fresh legal challenge as judgement looms

Solicitor Anthony Philip James & Co (APJ) is bringing the case on behalf of Mr R, who lost £30,000 after investing into Green Oil Australia through a Carey Pensions Sipp. It has said Mr R decided to make the investment following communication with an unregulated introducer, who had cold-called him. A spokesperson for Carey Pensions told Professional Adviser the case in question was time-barred, and the firm had not been issued with any court proceedings. Green Oil Australia was an unregulated collective investment scheme (UCIS) that has since failed. The parent company - Green Oil Pla...