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£50,000 Recovered for Mr A – Pension Mis-selling Claim Against Carey Pensions

Background: Pension Transferred on Advice of Unregulated Party

Mr A, from Kent, had a pension fund valued at £53,500, which he was relying on for his retirement. He was contacted by a company that advised him to transfer the full amount to a Self-Invested Personal Pension (SIPP) with Carey Pensions UK LLP, promising significantly better returns.

Mis-selling and Regulatory Concerns

Mr A was not experienced in pension investments and relied entirely on the advice given. He was unaware that the party who contacted him was unauthorised and not regulated by the Financial Conduct Authority—a critical factor in mis-selling claims.

The Investment and Its Consequences

Carey Pensions UK LLP allowed the SIPP to invest in storage units. Mr A has received no returns, and the investment is now illiquid. He is unable to sell, transfer, or access any part of his pension fund.

Legal Action and Claim Progress

Mr A contacted us for help, and we are currently representing him in a No Win No Fee claim against Carey Pensions UK LLP. We are seeking to recover the full capital investment plus interest, with compensation in excess of £50,000 now being claimed.

No win, no fee

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      Important Information

      You do not need legal representation to make a financial services claim. You can complain yourself at no cost and under FCA rules, the financial services provider must provide a response. If you feel this is unsatisfactory, you can complain to the statutory redress bodies, the FOS and FSCS who can award you compensation. This is a free service.

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