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

Inflation shocks driving another long uptick in annuity sales

Inflation shocks driving another long uptick in annuity sales

‘Customers should be careful that this is the right decision for them’

Hope Coumbe
clock 23 April 2024 • 1 min read
Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read