Carey Pensions SIPP Claims: Recover Lost Pensions Due to Mis-selling & Negligence

If you transferred your pensions to or  invested in a Carey SIPP, you may have faced financial losses and could be entitled to pension compensation.
Cary Pensions issues with due diligence on the investments allowed into their SIPP and regulatory compliance have led to significant losses for their pension customers.

Common Issues:

  • Mis-sold Pensions: Unsuitable advice pushing high-risk investments not aligned with your risk profile.
  • Negligent Due Diligence: Failure to properly vet unregulated introducers and risky investments within their SIPP.
  • Regulatory Failures: Breaches of FCA regulations that exposed clients to unnecessary financial risk.

Recent Developments

The Court of Appeal upheld the Financial Ombudsman Service (FOS) decision against Carey Pensions (now Options Pensions), confirming failures in due diligence on unregulated introducers and investments.
This follows several high-profile cases where innocent customers, were misadvised and have lost their pension funds due to improper investments such as store pods and overseas property.

Take Action Today:

  1. Free Consultation: Discuss your situation with our legal experts to see if you have a claim.
  2. Case Assessment: We’ll review your SIPP details and investment history to determine eligibility.
  3. Claim Process: If eligible, we’ll guide you through the entire process on a no-win, no-fee basis.

Get Started Now!

Call us at 0161 840 1560 or request a callback to begin your claim for compensation. Don’t suffer in silence – you may be able to recover your lost pension.

Frequently Asked Questions

Pension mis-selling occurs when a financial adviser provides unsuitable advice to transfer or invest your pension into schemes that are inappropriate for your financial situation or risk appetite. This could include high-risk investments or inappropriate pension transfers, such as moving a defined benefit pension into a riskier scheme.

You may have been mis-sold a pension if:
– You were advised to move your pension into high-risk investments without understanding the risks.
– You were not informed of exit fees or charges when transferring your pension.
– You were advised to transfer out of a defined benefit pension, which led to financial losses.
If these situations sound familiar, you could be entitled to make a claim for compensation.

Compensation depends on the extent of your losses. Typically, it includes financial losses due to bad advice or mismanagement, including lost returns, exit fees, and fees paid for services that were not delivered. We assess your case and help you understand the potential amount of compensation.

There are time-barring restrictions for pension mis-selling claims, usually six years from when the advice was given, or three years from when you realised the pension was mis-sold. It’s important to act quickly to ensure your claim is within the legal timeframe.

The process involves:
– A free consultation to assess your case.
– Gathering of all necessary evidence, such as contracts and statements.
– Submission of your claim to the Financial Services Compensation Scheme (FSCS) or other relevant bodies.
We handle the entire process for you and keep you informed throughout.

Our services are provided on a no-win-no-fee basis, meaning you will only pay if we successfully recover compensation on your behalf. There are no upfront costs or hidden fees.

Yes. If Barton Hatcher Ingram Financial Management Limited is no longer trading, you can still make a claim through the Financial Services Compensation Scheme (FSCS), which handles claims for firms that have gone into liquidation.

The time it takes to process a pension mis-selling claim can vary based on the complexity of the case and the involvement of other parties. On average, claims can take several months to a year to resolve, but we will work diligently to handle your case as efficiently as possible.

News & Updates about Carey Pensions

Court of Appeal Upholds FOS Ruling in Carey Pensions (Options) Sipp Mishap

The Court of Appeal has delivered a blow to Options Pensions (formerly Carey Pensions) by siding with the Financial Ombudsman Service (FOS) in a recent Sipp-related case. This decision throws out Options' attempt to challenge a FOS ruling through a... Read more

Some of the other Pension companies receiving claims, complaints and compensation are listed below: