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.
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.
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.
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.
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With little financial knowledge, Ms H was mis-sold a high-risk SIPP and lost access to her £250,000 pension. We are representing her in a major compensation claim against Carey Pensions.
Upon retirement, Mr H from Sheffield was advised to invest his savings into a SIPP focused on commercial property. The high-risk investment led to significant losses, but we secured £170,000 in compensation for him.
Mr W, seeking a secure retirement, was advised to transfer his entire pension into a risky storage pod scheme. He lost nearly all of his £107,000 investment. We’re pursuing compensation on a no win, no fee basis.
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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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