A ruling in the long-running Carey Pensions legal wrangle is due "imminently" which will bring much-needed clarity to the law concerning the use of unregulated introducers, a lawyer has said.
The prediction from APJ Solicitors lawyer Glyn Taylor said many of the claims relating to self-invested personal pension (SIPP) provider Carey had been effectively put on hold due to an appeal in the similar Berkeley Burke legal case. Both cases deal with SIPP provider liability when client investments go wrong. A ruling in the Carey case is now expected after Berkeley Burke's administrators put a stop to the appeal. Taylor said: "We expect there to be a ruling for the Adams vs Carey Pensions case imminently. We predict the outcome of the court ruling will find Carey Pensions did b...
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