Carey Pensions ruling could 'call past FOS decisions into question'

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 unregulated investments through Carey failed to perform.  The judgment has been keenly awaited and should provide clarity on the duty and obligations of SIPP providers. However, Adams still has the option to try and appeal the decision. Hurley Partners pensions director Martin Tilley, who worked with SIPP provider Dentons Pensions Management for three decades, welcomed the ruling but sai...