Financial Ombudsman Service holds Carey liable for breach of regulatory obligations in further SIPP investor complaint (S v Options SIPP UK LLP) -Article by Henry Day

The Court of Appeal’s judgment in Adams has provided some clarity on the application of FSMA s.27. But what about the other limb of the appeal – the client’s best interests rule?

In this article for LexisPSL, Henry Day considers what a recent decision of the Financial Ombudsman (again against Carey Pensions) might suggest about where the courts are heading.

Read the article here.

This article was first published by Lexis®PSL on 10 May 2021.