Displaying items by tag: High Court
Wealth manager with SIPP arm ordered to return assets
The High Court has approved a plan to return money and customer assets to clients of failed Newcastle-based wealth manager WealthTek which has a SIPP arm.
FCA opens criminal probe into failed WealthTek LLP
The FCA has launched a criminal investigation into Newcastle-based wealth manager WealthTek LLP following the discovery of an £81.5m gap in the firms’ finances.
Judge overturns pivotal Carey Pensions SIPP case
A Court of Appeal Judge has overturned a previous High Court ruling to side with claimant Russell Adams against Carey Pensions in the long-running ‘Adams’ case.
100,000 pension transfers may be affected by ruling
Pension consultant Willis Towers Watson has warned that pension schemes could be forced to top up 100,000 historic pension transfer payments following a High Court ruling.
Investors lose £30m in care homes UCIS
The FCA has launched High Court proceedings against a company and two individuals over alleged links to care home investments which saw investors lose more than £30m in a UCIS.
Carey triumphs in historic 'Adams' SIPP case
Carey Pensions, now know as Options SIPP, has claimed victory in the long-awaited Adams Case over who is liable for SIPPs investments.
Law firm takes FSCS to court over LCF debacle
Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.
Warning of 'colossal' £200bn bill to change SPA
SIPP and platform provider AJ Bell has warned that the cost of reversing the increase in state pension ages could top £200bn.
FCA reminds SIPPs firms of obligations after Berkeley Burke case
