Carey Pensions rebrands amid ongoing legal battle

Nearly two years after High Court appearance

Hannah Godfrey
clock • 2 min read

Carey Pensions has rebranded to Options Pensions amid the firm’s ongoing legal battle with a former customer.

In March 2018 Carey Pensions was accused of being "in bed with scammers" during a trial at the High Court in London in a case brought against the firm by a customer. Lorry driver Russell Adams alleged Carey Pensions mis-sold him a SIPP. He and his lawyers accused Carey Pensions of using a Spain-based unregulated introducer to facilitate investments in Store First unit pods. Carey Pensions legal team said in court there was "no evidence at all" the investment was a scam. Nearly two years later, there is yet to be a published judgement on the case. In February 2019 Carey Pensions fou...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Shifting pension rules 'eroding trust' and 'hindering' retirement confidence

Shifting pension rules 'eroding trust' and 'hindering' retirement confidence

Speculation on rules hitting confidence across every age group

Sahar Nazir
clock 17 November 2025 • 2 min read
Retirement confidence dips amid Budget speculation

Retirement confidence dips amid Budget speculation

Confidence is highest among those receiving professional financial advice

Jenna Brown
clock 12 November 2025 • 2 min read
The Great Wealth Transfer: women, wealth and what comes next

The Great Wealth Transfer: women, wealth and what comes next

Sponsored content from WIFA 2025 headline sponsor LV=

LV=
clock 03 November 2025 • 6 min read