Carey Pensions ruling could 'call past FOS decisions into question'
Contrasting outcomes
Pension providers say the Carey Pensions judgment has brought into question financial ombudsman cases that fall in favour of clients.
Self-invested personal pensions (SIPP) provider Carey Pensions - renamed to Options Pensions since the case began - has won a long-running case brought against it by former client Russell Adams, whose...
More on Pensions
FSCS begins accepting claims against Guinness Mahon; already received 961 complaints
Entered administration in February
XPS launches pension scam tracker as cases 'spike' during lockdown
Part of its Transfer Watch tracker
Adviser to compensate client over SIPP transfer advice to unregulated schemes
The Financial Ombudsman Service (FOS) has asked adviser firm The On-Line Partnership to compensate a client following unsuitable advice to transfer his pension to a self-invested personal pension (SIPP) and invest in unregulated schemes.
More news
SL Aberdeen's advice arm 1825 unveils new leadership team
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
FSCS begins accepting claims against Guinness Mahon; already received 961 complaints
Entered administration in February
Workplace schemes mandated to 'nudge' members into pensions guidance
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
Number of ESG indices globally sees record rise
40% increase year-on-year
