Carey Pensions ombudsman ruling contradicts High Court judgment
Decision one month before Court judgment
Carey Pensions has been ordered to compensate a client who was advised to invest his SIPP through the firm.
Carey Pensions has been asked to compensate a client who lost out from the same investment involved in the landmark High Court case against the self-invested personal pension (SIPP) provider.
The Financial Ombudsman Service (FOS) heard that a Carey client, known as Mr A to retain his anonymity, transferred his defined contribution pension valued at £40,000 into a SIPP through Carey in March...
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